Moody's Withdraws Ratings on SAExploration (SAEX)

September 9, 2016 12:39 PM EDT
Get Alerts SAEX Hot Sheet
Trade SAEX Now!
Join SI Premium – FREE

Get the Pulse of the Market with's Pulse Picks. Get your Free Trial here.

Moody's Investors Service, ("Moody's") has withdrawn SAExploration Holdings, Inc.'s (Nasdaq: SAEX) Caa2 Corporate Family Rating (CFR) and other ratings. The SGL-4 Speculative Grade Liquidity Rating and negative outlook have also been withdrawn.


..Issuer: SAExploration Holdings, Inc.

.... Corporate Family Rating, Withdrawn, previously rated Caa2

.... Probability of Default Rating, Withdrawn, previously rated Caa2-PD

....Senior Secured Regular Bond/Debenture, Withdrawn, previously rated Caa3 (LGD 5)

.... Speculative Grade Liquidity Rating, Withdrawn, previously rated SGL-4

Outlook Actions:

..Issuer: SAExploration Holdings, Inc.

....Outlook, Changed To Rating Withdrawn From Negative


Moody's has withdrawn the rating for its own business reasons. Please refer to the Moody's Investors Service's Policy for Withdrawal of Credit Ratings, available on its website,

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Credit Ratings

Related Entities

Moody's Investors Service

Add Your Comment