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(IO) - Ion Announces Entry Into Restructuring Support Agreement for Its Second Lien Notes.
Ion Geophysical Corp - Agreed to Seek Shareholder Approval to Increase Number of Authorized Shares Available for Issuance.
Ion Geophysical - Exchange Offer for New Convertible Second Lien Notes Provides Opportunity to Extend Maturity 4 Yrs.
Ion Geophysical - Intends to Hold Special Meeting to Approve Transactions in February and Consummate Offers As Soon As Practicable.
Ion Geophysical - is in Active Dialogue With Several Current & New Investors About Serving As a Backstop Party on Rights Offering.