Tidewater withdraws proposal to amend 10.375% senior unsecured bonds due 2028; bondholders' meeting cancelled

TIDEWATER INC

Withdrew bond amendment proposal after preliminary feedback from holders of the 10.375% senior unsecured bonds due 2028.
Nordic Trustee-scheduled bondholders' meeting set for September 30, 2024 has been cancelled.
Company continues evaluation of options for more flexible debt capital structure but offers no assurance of future success.

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