Form 8-K SAExploration Holdings, For: Jun 13

Go back to Form 8-K SAExploration Holdings, For: Jun 13

S&P Downgrades SAExploration (SAEX) to 'CC'; Outlook Remains Negative

June 14, 2016 3:38 PM EDT

On June 14, 2016, S&P Global Ratings lowered its corporate credit rating on SAExploration Holdings Inc. (Nasdaq: SAEX) to 'CC' from 'CCC-'. The outlook remains negative.

At the same time, we lowered the issue-level rating on the company's senior secured notes to... More