London, 25 September 2013 -- Moody's Investors Service has today assigned Baa3 ratings to the $325 million senior secured French revolving credit facility and to the $165 million senior secured US revolving credit facility (RCF), issued by CGG and CGG Holding (U.S.) Inc respectively. Moody's has also affirmed the Ba2 Corporate Family Rating ("CFR") and Ba2-PD Probability of Default Rating ("PDR") and the Ba3 rating on their senior notes due 2016, 2017 and 2021. The rating outlook remains negative.
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