CGG: announces the approval of the draft safeguard plan by creditors' committees in France
July 28 2017 - 4:31PM
CGG announces the approval of
the draft safeguard plan by creditors' committees in
France
Paris, France - July 28, 2017
CGG and SELARL FHB, represented by Me Hélène
BOURBOULOUX, in her capacity as judicial administrator appointed as
such by a ruling of the commercial court of Paris dated 14 June
2017, herein announce that in the framework of the meetings held on
28 July 2017 and convened by the latter, the lenders' committee
unanimously approved the draft safeguard plan, and the bondholder
general meeting at a majority of 93.5% of the creditors who cast a
vote.
About CGG:
CGG (www.cgg.com) is a fully integrated
Geoscience company providing leading geological, geophysical and
reservoir capabilities to its broad base of customers primarily
from the global oil and gas industry. Through its three
complementary businesses of Equipment, Acquisition and Geology,
Geophysics & Reservoir (GGR), CGG brings value across all
aspects of natural resource exploration and exploitation. CGG
employs around 5,500 people around the world, all with a Passion
for Geoscience and working together to deliver the best solutions
to its customers.
CGG is listed on the Euronext Paris SA (ISIN:
0013181864) and the New York Stock Exchange (in the form of
American Depositary Shares. NYSE: CGG).
Contacts
Group
Communications Christophe BarniniTel: + 33 1 64 47 38
11E-Mail: invrelparis@cgg.com |
Investor RelationsCatherine LeveauTel: +33 1 64 47 34
89E-mail: invrelparis@cgg.com |
Attachments:
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