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13.05.2014 22:47:00
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Energy XXI Gulf Coast, Inc. -- Moody's Publishes Covenant Quality Assessment for Energy XXI Gulf Coast, Inc. Bond Offering
New York, May 13, 2014 -- Moody's Investors Service has assigned an overall covenant quality score of 3.53 to Energy XXI Gulf Coast, Inc's$300m _% Senior Notes due 2024. Subscribers can read the full report at: https://www.moodys.com/research/PBC_170630. Moody's scores covenant protections on a five-point scale, with 1.0 denoting the strongest covenant protections for investors and 5.0, the weakest. Energy XXI Gulf Coast, Inc's score compares with the US average of 3.56 and the peer group average of 3.48.
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