CHICAGO--(BUSINESS WIRE)--Fitch Ratings downgrades the senior secured notes issued by Odebrecht Offshore Drilling Finance Ltd. (OODFL) to 'B+' from 'BB' and the senior secured notes issued by Odebrecht Drilling Norbe VIII/IX Ltd. to 'BB-' from 'BB'. In addition, Fitch places the ratings of both transactions on Rating Watch Negative. A full list of rating actions follows at the end of this release. Fitch's downgrade reflects the following: (i) the impact of Petrobras' reduction in capital expend
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