TGS ASA, a leading global provider of energy data and intelligence, has been assigned a Ba3 rating with a stable outlook from financial services company Moody's.
The USD 450 million backed senior secured notes (originally issued by Petroleum Geo-Services AS, a fully owned subsidiary of TGS) are upgraded two notches from B2 to Ba3 with a stable outlook. Moody's press release announcing the rating action is available on their home page https://www.moodys.com/
Source: TGS
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