CGG Exits its Safeguard Plan by Anticipation

Paris, November 25, 2020

By a ruling issued on November 24, 2020, the Commercial court of Paris acknowledged completion of CGG’s safeguard plan, following the early settlement in full of all its creditors.

This ruling puts a definitive end to the financial restructuring process successfully run by the CGG Group since 2017.

About CGG

CGG (www.cgg.com) is a global geoscience technology leader. Employing around 4,000 people worldwide, CGG provides a comprehensive range of data, products, services and equipment that supports the discovery and responsible management of the Earth’s natural resources. CGG is listed on the Euronext Paris SA (ISIN: 0013181864).

Contacts

Group Communications & Investor Relations Christophe Barnini Tel: + 33 1 64 47 38 11 E-Mail: christophe.barnini@cgg.com

Attachment

CGG - Press Release pdf version

 

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.