16.06.2016 23:28:00
|
SAExploration Holdings, Inc. -- Moody's downgrades SAExploration's notes to Caa3; negative outlook
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.