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.

Click here to go back to the search page
Estimated Price
Financing Type
Report Date