Long Term Credit Lines and Interest Bearing Debt	Nominal Amount as of March 31, 2024	Financial Covenants
Super Senior Loan, Libor+ 675 basis points, due March 2025	USD 60.0 million	Maintenance covenant: Same as for Senior Notes
Loan, SOFR + 700 basis points, due 2026	USD 75.0 million	Maintenance covenant: Same as for Senior Notes
Japanese Export Credit Financing,	USD 121.3 million
Senior Notes, coupon 13.5%, due 2027	USD 450 million	Leverage ratio* ≤ 3.0x, stepping down to 2.5x March 31, 2025 Minimum liquidity of USD 50m (free and unrestricted cash and available undrawn committed facilities)

*Net interest-bearing debt to last twelve months IFRS EBITDA.

Corporate Credit Rating

Rating agency	Date of rating	Rating	Outlook
Moody’s	September 22, 2023	B2	Review for Upgrade
S&P	September 22, 2023	B-	CreditWatch Positive

Instrument rating of $450 million Senior Notes

Rating agency	Date of rating	Rating	Outlook
Moody’s	September 22, 2023	B2	Review for Upgrade
S&P	September 22, 2023	B	CreditWatch Positive

For credit rating definitions, please see link for Moody’s. 

Financial Accounts

Annual Report 2023 Petroleum Geo-Services AS

Annual Report 2022 Petroleum Geo-Services AS

Q1 2024 financials Petroleum Geo-Services AS

Q1 2023 financials Petroleum Geo-Services AS

Q2 2023 financials Petroleum Geo-Services AS

Q3 2023 financials Petroleum Geo-Services AS

Q4 2023 financials Petroleum Geo-Services AS