TGS ASA Secures Upgraded Moody’s Ba3 Rating

TGS Nopec Geophysical Company ASA (GB:0MSJ) has released an update.

TGS ASA, a key player in energy data and intelligence, has received an upgraded Ba3 rating with a stable outlook from Moody’s. The upgrade applies to the USD 450 million senior secured notes, which were initially issued by TGS’s fully owned subsidiary, Petroleum Geo-Services AS. This positive financial assessment by Moody’s underscores TGS’s strength and stability in the energy sector.

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