secwatch.observer — SEC 8-K summary
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Issuer:     TIDEWATER INC (TDW)
CIK:        0000098222
Form:       8-K
Filed at:   2025-06-24T23:59:59+00:00
Accession:  0001104659-25-062114
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tidewater prices $650M of 9.125% senior notes due 2030, to refinance existing debt
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- Offering of $650M unsecured senior notes at 9.125%, maturing July 15, 2030; priced at par.
- Settlement expected July 7, 2025, subject to customary closing conditions.
- Net proceeds plus cash will repay senior secured term loan and redeem 2026 Bonds (8.50%) and 2028 Bonds (10.375%).
- Notes guaranteed on a senior unsecured basis by certain U.S. subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/98222/000110465925062114/0001104659-25-062114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/98222/000110465925062114/tm2518828d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-062114

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