---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-258312"
form_type: "8-K"
ticker: "SMHI"
cik: "0001690334"
company_name: "SEACOR Marine Holdings Inc."
filed_at: "2022-10-05T23:59:59+00:00"
generated_at: "2026-06-23T05:24:21.031481+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SEACOR Marine sells Mexico JV interests for $66M, refinances $125M notes and $54.9M credit facility to 2026

## Summary
- Sold 49% stakes in MexMar and OVH to CME affiliates for $66M cash; received full ownership of SEACOR Marlin LLC via vessel swap.
- Acquired MexMar's $28.8M secured loan, then MexMar paid down $8.8M; remaining $20M due in quarterly payments by Sep 2023; Company is now sole lender.
- Credit facility amended: $5.3M prepayment reduces total to $74.7M; $54.9M tranche extended to Mar 2026 at 4.75%+SOFR; $19.8M tranche matures Sep 2023.
- Exchanged $125M 4.25% convertible notes due 2023 for $90M new 8.0%/9.5% PIK toggle notes due 2026 and $35M new 4.25% convertible notes due 2026.
- Carlyle investors get board nomination rights; CEO states transactions extend $175M+ near-term maturities to 2026, strengthening liquidity.

## SEC filing metadata
- accession: 0001193125-22-258312
- form_type: 8-K
- ticker: SMHI
- cik: 0001690334
- company_name: SEACOR Marine Holdings Inc.
- filed_at: 2022-10-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690334/000119312522258312/0001193125-22-258312-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690334/000119312522258312/d323098d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-258312
- JSON: https://secwatch.observer/filing/0001193125-22-258312.json
- Plain text: https://secwatch.observer/filing/0001193125-22-258312.txt

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