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Credit Ratings

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.

Ratings of the Credit Agencies for CGG:

Standard & Poors
Moodys
Outlook
Stable
Under Review for Downgrade
Corporate Credit Rating
BB-
Ba2
Senior Secured Debt
BB 
Baa3
Senior Unsecured Debt

BB-

Ba3