SEACOR Marine Announces Contemplated Bond Issue
HOUSTON, April 21, 2023 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it has mandated Clarksons Securities AS and DNB Markets, a part of DNB Bank ASA, to arrange a series of fixed income investor calls scheduled to commence on April 24, 2023. The Company, together with its subsidiaries (“SEACOR Marine”), may determine to proceed with an offering of new USD denominated 5-year senior secured bonds following the meetings, subject to market and other conditions. SEACOR Marine intends to use the net proceeds from the bond issue, should it materialize, towards refinancing outstanding secured debt of SEACOR Marine and for general corporate purposes.