CGGVeritas Successfully Prices $350MM Offering of Senior Notes



CGGVeritas has successfully priced an upsized offering of $350 million principal amount of 9.5% Senior Notes due 2016. The notes will be issued at a price of approximately 97.0% of their principal amount, resulting in a yield of 10 1/8%. The notes are expected to be issued on June 9, 2009.

The Company intends to use the net proceeds of this offering for the repayment of certain indebtedness and for general corporate purposes, as previously communicated by the Company.
 


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