Fitch Affirms SEACOR Holdings Inc.; Assigns Recovery Rating

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has affirmed and assigned a Recovery Rating (RR) to the following U.S. energy company:

SEACOR Holdings Inc.

--Long-term Issuer Default Rating (IDR) at 'BB-';

--Senior unsecured notes at 'BB-/RR4'.

The Rating Outlook is Stable.

The assignment of the Recovery Rating reflects Fitch's 'Recovery Ratings and Notching Criteria for Non-Financial Corporates Issuers' (dated Nov. 18, 2014), which allows for the assignment of RRs to issuers with IDRs in the 'BB' category.

Additional information is available at www.fitchratings.com.

Applicable Criteria and Related Research:

--'Corporate Rating Methodology' (May 28, 2014).

Applicable Criteria and Related Research:

Corporate Rating Methodology - Including Short-Term Ratings and Parent and Subsidiary Linkage

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=749393

Additional Disclosure

Solicitation Status

http://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=983423

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Fitch Ratings
Committee Chairperson:
Michael Weaver, +1-312-368-3156
Managing Director
Fitch Ratings, Inc.
70 W. Madison Street
Chicago, IL 60602
or
Alyssa Castelli, +1-212-908-0540
Media Relations, New York
[email protected]
or
Elizabeth Fogerty, +1-212-908-0526
Media Relations, New York
[email protected]

Source: Fitch Ratings

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