Debt & Financing
Discover CGG’s credit ratings, debt structure and financial analysis
Bondholder Information
Below you will find all information related to bonds and the group’s credit rating.
CGG outstanding bonds are:
First Lien Secured Senior Notes, due April 2023 :
- $300m (US12532MAA18, USU15826AB34); and
- €280m (XS1713465844, XS1713465760)
- Documentation can be accessed here
Second Lien Secured Senior Notes, due February 2024 :
- $355m (XS1768718063, XS1768717768, XS1768717412); and
- €80m (XS1768719467, XS1768718733)
- Documentation can be accessed here
Credit Ratings of the Credit Agencies for CGG
A ratings outlook assesses the potential direction of credit rating over time. In determining a ratings outlook, consideration is given to any changes in the economic and/or fundamental business conditions of a company.
Corporate Ratings
| S&P Global Ratings | Moody's | Fitch | |
|---|---|---|---|
| As of | March 15, 2021 | March 15, 2021 | March 15, 2021 |
| Credit Rating | CCC+ | B3 | B- |
| Outlook | Stable | Stable | Positive |
Bond Ratings
| S&P Global Ratings | Moody's | Fitch | |
|---|---|---|---|
| As of | March 15, 2021 | March 15, 2021 | March 15, 2021 |
| Credit Rating | CCC+ | B3 | B |
| Outlook | Stable | Stable | Stable |
