Helix announces pricing of senior notes offering

Nov. 17, 2023 6:19 AM ETHelix Energy Solutions Group, Inc. (HLX)By: Arundhati Sarkar, SA News Editor

  • Helix Energy Solutions (NYSE:HLX) reported that it has priced $300 million in principal amount of 9.750% Senior Notes due 2029.
  • Helix intends to use the net proceeds from the offering, together with cash on hand and shares of its common stock, as necessary, to pay the cost of extinguishing its obligations with respect to its outstanding 6.75% Convertible Senior Notes due 2026.
  • Helix expects to close the offering of the Notes on or about December 1.
  • Source: Press Release

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