NEW YORK (Standard&Poor's) Nov. 18, 2014--Standard&Poor's Ratings Services said today it assigned its 'BBB' issue-level rating (the same as the corporate credit rating) to Oceaneering International Inc.'s $500 million senior unsecured notes due 2024. The company will use the proceeds from the unsecured notes for general corporate purposes, which may include funding capital spending and share repurchases. The ratings on Oceaneering International Inc. reflect our assessment of its "satisfactory" business risk, "modest" financial risk, and "strong" liquidity. These assessments reflect the company's strong market position within its remotely operated vehicles and subsea products segments, good geographic diversification, modest debt ratios, and healthy free cash flow generation. At the same time, the ratings incorporate the company's exposure
