5th Feb 2014 08:29
IG Seismic Services PLC
STANDARD AND POOR`S AFFIRMED IG SEISMIC SERVICES RATING 'B'; OUTLOOK 'POSITIVE'
Moscow, 5 February 2014
Standard & Poor's (S&P), international rating agency, affirmed long-term corporate credit rating "В" to IG Seismic Services PLC (LSE: IGSS), the leading pure-play land and transition zone seismic company in Russia and the CIS and one of the largest land seismic companies globally, and to its subsidiary GEOTECH Seismic Services JSC. The outlook is positive.
The affirmation follows a January offer from U.C.E. Synttech Holdings Limited to buy the shares of IGSS under a mandatory offer to all shareholders.
A credit rating «В» was awarded to IGSS and its subsidiary GEOTECH Seismic Services JSC in September 2013. GEOTECH Seismic Services JSC - the largest company, a member of IGSS Group, provides a wide range of services in the field of seismic data with the latest technologies and advanced equipment.
All ratings affected by this rating action can be found on the Standard & Poor's web site atwww.standardandpoors.com
Contacts
For further information please visit www.igseis.com or contact:
IGSS Investor Relations
Olga Popova
+ 7 495 580 7882 ext. 129
IGSS Media Relations
Victoria Smirnova
+ 7 495 580 7882 ext. 396
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Related Shares:
Ig Seismic S