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27.08.2015 07:55:00
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Ausdrill Limited -- Moody's: Ausdrill Limited's weak FY2015 results in line with expectations; ratings unaffected
Sydney, August 27, 2015 -- Moody's Investors Service says Ausdrill Limited's (B1 negative) reported results for the year ended 30 June 2015 (FY2015) are credit negative but in line with Moody's expectations, given the challenging conditions for mining services companies. As such, the results have no immediate impact on the company's B1 corporate family rating or the B2 senior unsecured rating of Ausdrill Finance Pty Ltd. The outlook on all ratings is negative.
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