secwatch.observer — SEC 8-K summary
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Issuer:     HELIX ENERGY SOLUTIONS GROUP INC (HLX)
CIK:        0000866829
Form:       8-K
Filed at:   2023-12-01T23:59:59+00:00
Accession:  0001140361-23-055775
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866829/000114036123055775/0001140361-23-055775-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866829/000114036123055775/ef20015750_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-055775

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