New York, June 16, 2016 -- Moody's Investors Service ("Moody's") downgraded SAExploration Holding, Inc.'s (SAEX) Probability of Default Rating (PDR) to Ca-PD from Caa2-PD and rating on its notes to Caa3 from Caa2. The company's Caa2 Corporate Family Rating (CFR) was affirmed. The Speculative Grade Liquidity Rating (SGL) is unchanged at SGL-4. The ratings outlook is negative.

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