---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-055775"
form_type: "8-K"
ticker: "HLX"
cik: "0000866829"
company_name: "HELIX ENERGY SOLUTIONS GROUP INC"
filed_at: "2023-12-01T23:59:59+00:00"
generated_at: "2026-06-07T19:44:34.079749+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Helix Energy issues $300M of 9.750% Senior Notes due 2029 to refinance convertibles

## Summary
- $300M aggregate principal, 9.750% coupon, maturity March 1, 2029; interest payable March 1 and Sept 1.
- Net proceeds used to extinguish 6.75% Convertible Senior Notes due 2026 via cash, stock, or combination.
- Notes are senior unsecured, guaranteed by subsidiaries that also guarantee its secured credit facility.
- Make-whole redemption allowed before March 1, 2026; thereafter at prices set in indenture.

## SEC filing metadata
- accession: 0001140361-23-055775
- form_type: 8-K
- ticker: HLX
- cik: 0000866829
- company_name: HELIX ENERGY SOLUTIONS GROUP INC
- filed_at: 2023-12-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866829/000114036123055775/0001140361-23-055775-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866829/000114036123055775/ef20015750_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-055775
- JSON: https://secwatch.observer/filing/0001140361-23-055775.json
- Plain text: https://secwatch.observer/filing/0001140361-23-055775.txt

## Key facts
- Debt Financings
  HELIX ENERGY SOLUTIONS GROUP INC incurred senior notes of $300 million aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 9.750% maturing March 1, 2029.
  - Instrument: senior notes
  - Principal: $300 million aggregate principal amount
  - Counterparty: The Bank of New York Mellon Trust Company, N.A.
  - Rate: 9.750%
  - Maturity: March 1, 2029
  - Event: incurrence
  source text: On December 1, 2023, Helix Energy Solutions Group, Inc. (the “Company”) issued $300 million aggregate principal amount of 9.750% Senior Notes due 2029 (the “Notes”) under an indenture, dated as of December 1, 2023 (the “Indenture”), among the Company, as issuer, the guarantors listed therein and The Bank of New York Mellon Trust Company, N.A., as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/866829/000114036123055775/0001140361-23-055775-index.htm
- Material Agreements
  HELIX ENERGY SOLUTIONS GROUP INC entered into 9.750% Senior Notes due 2029 Indenture with The Bank of New York Mellon Trust Company, N.A. valued at $300,000,000 aggregate principal amount (effective 2023-12-01).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: The Bank of New York Mellon Trust Company, N.A.
  - Value: $300,000,000 aggregate principal amount
  - Effective: 2023-12-01
  source text: On December 1, 2023, Helix Energy Solutions Group, Inc. (the “Company”) issued $300 million aggregate principal amount of 9.750% Senior Notes due 2029 (the “Notes”) under an indenture, dated as of December 1, 2023 (the “Indenture”), among the Company, as issuer, the guarantors listed therein and The Bank of New York Mellon Trust Company, N.A., as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/866829/000114036123055775/0001140361-23-055775-index.htm

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