S&P Affirmed IG Seismic Services Rating ‘B’Standard & Poor’s (S&P) affirmed long-term corporate credit rating “В” to IG Seismic Services 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.