Dec 21 (Reuters) - SAExploration Holdings Inc:
* SAEXPLORATION SUCCESSFULLY COMPLETES FINANCIAL RESTRUCTURING
* SAEXPLORATION HOLDINGS INC - HAS REDUCED ITS DEBT BY APPROXIMATELY $74 MILLION
* SAEXPLORATION HOLDINGS INC - EMERGED FROM CHAPTER 11 AS A PRIVATE, NON-SEC REPORTING COMPANY
* SAEXPLORATION HOLDINGS INC - ENTERED INTO A NEW $15.0 MILLION FIRST OUT TERM LOAN FACILITY WITH CERTAIN OF ITS EXISTING LENDERS
* SAEXPLORATION HOLDINGS INC - REFINANCED ITS PRIOR CREDIT FACILITY WITH A NEW $20.5 MILLION SECOND OUT TERM LOAN FACILITY WITH EXISTING LENDERS