CGG: S&P upgrades issuer credit rating
(CercleFinance.com) - Geosciences group CGG announces that US agency S&P Global Ratings has upgraded its issuer credit rating from 'CCC+' to 'B-', based on significantly stronger financial performance expected in 2024-2025.
The group remains focused on improving its financial performance, generating cash and reducing debt, CFO Jérôme Serve says, highlighting his recent financial roadmap.
Copyright (c) 2024 CercleFinance.com. All rights reserved.