Brace for credit shocks as heaps of U.S. oil-field service company debt comes, warns Moody’s

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Brace for credit shocks as heaps of U.S. oil-field service company debt comes, warns Moody’s
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North American oil-field services and drilling companies will need to refinance $32 billion of debt this year through 2024, a big worry even before oil prices collapsed to $22 a barrel and the coronavirus grew into a pandemic.

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