Cases & Deals

SAExploration Holdings obtains multi-draw term loan and security agreement and amends existing credit and security agreement

Client(s) SAExploration Holdings, Inc.

Jones Day represented SAExploration Holdings, Inc., an internationally-focused oilfield services company offering seismic data acquisition and logistical support services, and certain of its subsidiaries in connection with a $30 million multi-draw term loan and security agreement provided by Delaware Trust Company. Jones Day also assisted SAExploration with an amendment to its existing credit and security agreement provided by Wells Fargo Bank, National Association, to permit the additional indebtedness incurred under the term loan.