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Tuesday, 21 November 2017

CGG: The Commercial Court of Paris indicated that it would render its judgement on the draft safeguard plan on December 1, 2017

CGG    

Published: 07:25 CET 21-11-2017 /GlobeNewswire /Source: CGG / : CGG /ISIN: FR0013181864


The Commercial Court of Paris indicated that it would render its judgement on the draft safeguard plan on December 1, 2017

 

 

 

Paris, France - November 21, 2017

 

 

 

During the hearing held on November 20, 2017, the Commercial Court of Paris indicated that it would render its judgment on the draft safeguard plan of CGG and the claim filed against it by certain holders of Convertible Bond, on December 1, 2017. The more detailed indicative timetable of the financial restructuring will be updated as soon as possible.

 

 

 

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 5,400 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 Barnini

Tel: + 33 1 64 47 38 11

E-Mail: : invrelparis@cgg.com

 

Investor Relations

Catherine Leveau

Tel: +33 1 64 47 34 89

E-mail: : invrelparis@cgg.com

 

      
    
    
 

 




Press release pdf version



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: CGG, Tour Maine-Montparnasse 33, Avenue du Maine - B.P. 191, Paris Cedex 15 75755, France
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