---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-059614"
form_type: "8-K"
ticker: "HLX"
cik: "0000866829"
company_name: "HELIX ENERGY SOLUTIONS GROUP INC"
filed_at: "2023-12-27T23:59:59+00:00"
generated_at: "2026-06-07T07:10:23.100699+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Helix repurchases $160M of 6.75% convertible notes due 2026 for cash and stock

## Summary
- Repurchased and exchanged $160M aggregate principal of 2026 Notes for 1.5M shares and $218M cash (net of $16M from capped call unwind).
- After repurchases, only $40M aggregate principal of the 2026 Notes remain outstanding.
- Capped call transactions covering the repurchased notes were terminated in conjunction with the deal.

## SEC filing metadata
- accession: 0001140361-23-059614
- form_type: 8-K
- ticker: HLX
- cik: 0000866829
- company_name: HELIX ENERGY SOLUTIONS GROUP INC
- filed_at: 2023-12-27T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866829/000114036123059614/0001140361-23-059614-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866829/000114036123059614/ef20017515_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-059614
- JSON: https://secwatch.observer/filing/0001140361-23-059614.json
- Plain text: https://secwatch.observer/filing/0001140361-23-059614.txt

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