Helix repurchases $141M of 6.75% convertible notes due 2026; pays cash and shares

HELIX ENERGY SOLUTIONS GROUP INC

Repurchased $141M aggregate principal of 6.75% Convertible Senior Notes due 2026; settlement expected by Dec 27, 2023.
Paid $67M fixed cash plus 1.5M shares; additional variable cash ~$192M if stock at $9/share (Dec 5 close).
After repurchase, ~$59M of notes remain outstanding.
Terminated a portion of related capped call transactions with financial institutions.

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