---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-053775"
form_type: "8-K"
ticker: "HLX"
cik: "0000866829"
company_name: "HELIX ENERGY SOLUTIONS GROUP INC"
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:41:58.467554+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Helix prices $300M 9.750% Senior Notes due 2029 to refinance 2026 convertibles

## Summary
- $300M aggregate principal, 9.750% coupon, matures March 1, 2029.
- Net proceeds ~$290.1M after discount and estimated offering expenses.
- Proceeds to extinguish outstanding 6.75% Convertible Senior Notes due 2026.
- Closing expected on or about December 1, 2023, subject to customary conditions.
- Interest payable semi-annually on March 1 and September 1, starting March 1, 2024.

## SEC filing metadata
- accession: 0001140361-23-053775
- form_type: 8-K
- ticker: HLX
- cik: 0000866829
- company_name: HELIX ENERGY SOLUTIONS GROUP INC
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866829/000114036123053775/0001140361-23-053775-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866829/000114036123053775/ef20014751_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-053775
- JSON: https://secwatch.observer/filing/0001140361-23-053775.json
- Plain text: https://secwatch.observer/filing/0001140361-23-053775.txt

## Key facts
- Material Agreements
  HELIX ENERGY SOLUTIONS GROUP INC entered into Purchase Agreement with Wells Fargo Securities, LLC, as representative of the several initial purchasers named therein valued at $300 million (effective 2023-11-16).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Wells Fargo Securities, LLC, as representative of the several initial purchasers named therein
  - Value: $300 million
  - Effective: 2023-11-16
  source text: On November 16, 2023, Helix Energy Solutions Group, Inc. (the “Company”) and the subsidiaries of the Company that guarantee its senior secured credit facility entered into a purchase agreement (the “Purchase Agreement”) with Wells Fargo Securities, LLC, as representative of the several initial purchasers named therein (the “Purchasers”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/866829/000114036123053775/0001140361-23-053775-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.