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CGG: CGG Exits its Safeguard Plan by Anticipation

CGG
·1-min read

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