Helix Energy Solutions Group Inc.

Entered a new asset-based revolving credit facility with a syndicated banking group replacing its existing credit facility and term loan, which was concurrently repaid in full. The ABL facility has five-year term or 91 days prior to the maturity of Helix’s 2026 convertible senior notes plus Separate U.S. and U.K. tranches of $45 million and $35 million, respectively, and an additional $70 million accordion, subject to lender approval. Bank of America NA and Wells Fargo Bank NA were joint lead arrangers. Bank of America NA will continue to serve as administrative agent.