secwatch.observer — SEC 8-K summary
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Issuer:     HELIX ENERGY SOLUTIONS GROUP INC (HLX)
CIK:        0000866829
Form:       8-K
Filed at:   2023-11-17T23:59:59+00:00
Accession:  0001140361-23-053775
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866829/000114036123053775/0001140361-23-053775-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866829/000114036123053775/ef20014751_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-053775

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