debt
confidence high
sentiment neutral
materiality 0.75
Tidewater guarantees BNDES Construction Loans for Brazilian subsidiary under Sept. 21, 2026 agreement
TIDEWATER INC
- Tidewater Inc. entered a Sept. 21, 2026 Guarantee Agreement with BNDES, guaranteeing full and timely payment of the BNDES Construction Loans.
- The guaranteed loans are Credit Facility Agreements Nos. 07.2.0417.1, 07.2.0418.1, 10.2.1621.1, 12.2.0433.1, and 12.2.0434.1.
- Borrower is Tidewater do Brasil S.A. (formerly Wilson Sons Offshore S.A.); Tidewater is working to release Wilson Sons S.A. and Remolcadores Ultratug Limitada as guarantors.
- The guarantee is an unsecured, absolute and unconditional obligation of Tidewater and is filed as Exhibit 10.1, signed Sept. 25, 2026 by Daniel A. Hudson.