
Petroleum Geo-Services AS (PGS) is a leading offshore seismic and data imaging company founded in 1991 and headquartered in Oslo, Norway. The company specializes in providing advanced geophysical services primarily to the oil and gas industry, including seismic data acquisition, processing, and interpretation.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
PGSNO 13.50% 2027-03-31 USDPetroleum Geo-Services AS | Norway | 2027-03-31 | 13.500 | 22.45 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
PGS has a history of issuing bonds as a means to finance its operations and strategic initiatives. The company first entered the bond market in the early 2000s and has since conducted several significant issuances, with notable offerings during its restructuring efforts in 2020. Current yields on PGS bonds are closely monitored as they reflect the company's financial health amid fluctuating market conditions, and the company has incorporated unique features in its recent bond offerings, such as covenants to ensure liquidity in challenging times.