The notes, which will be due2020, will have a coupon of 5.875% and are expected to be issued on 23 April,2014.
Last week the French seismicgiant unveiled plans to raise EUR 360m as it lookedto repay an existing convertible bond issue.
CGG intends to usethe net proceeds from this offering to repurchase its OCEANE convertible bondsdue 2016 of EUR 360m.
TheParis-based offshore vessel shipowner said the remaining net proceeds will beused to repay other existing indebtedness.
CGG
