---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-311513"
form_type: "8-K"
ticker: "SMHI"
cik: "0001690334"
company_name: "SEACOR Marine Holdings Inc."
filed_at: "2022-12-23T23:59:59+00:00"
generated_at: "2026-06-20T23:23:59.526576+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SEACOR Marine extends Class A debt maturity to March 2026, amends credit facility

## Summary
- DNB Capital LLC Class A debt maturity extended from Dec 2023 to March 2026.
- Margin on Class A debt increased from 4.68% to 4.75% per annum.
- Quarterly amortization: $500k through Dec 2023, then $330,450 through March 2026.
- Class B debt ($5.6M from Comerica) remains due Dec 2023 with unchanged terms.
- Outstanding principal: Class A $10.9M (66.1%), Class B $5.6M (33.9%).

## SEC filing metadata
- accession: 0001193125-22-311513
- form_type: 8-K
- ticker: SMHI
- cik: 0001690334
- company_name: SEACOR Marine Holdings Inc.
- filed_at: 2022-12-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690334/000119312522311513/0001193125-22-311513-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690334/000119312522311513/d292899d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-311513
- JSON: https://secwatch.observer/filing/0001193125-22-311513.json
- Plain text: https://secwatch.observer/filing/0001193125-22-311513.txt

## Key facts
- Debt Financings
  SEACOR Marine Holdings Inc. amended credit facility with DNB Bank ASA, New York Branch, as administrative agent, and DNB Capital LLC and Comerica Bank, as lenders at 4.75% per annum maturing March 31, 2026.
  - Instrument: credit facility
  - Counterparty: DNB Bank ASA, New York Branch, as administrative agent, and DNB Capital LLC and Comerica Bank, as lenders
  - Rate: 4.75% per annum
  - Maturity: March 31, 2026
  - Event: amendment
  source text: In addition, pursuant to Amendment No. 8, (a) the Final Payment Date (as defined in the Credit Facility) of the Class A Debt was extended from December 31, 2023 to March 31, 2026, (b) the Margin (as defined in the Credit Facility) of the Class A Debt was increased from 4.68% per annum to 4.75% per annum, and (c) the amortization profile of the Credit Facility was amended such that the borrowers thereunder are required to pay $500,000 per quarter up to and including the quarter ending on December 31, 2023 (at which point all amounts outstanding under the Class B Debt shall become due and payable), and $330,450 per quarter thereafter up to and including March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690334/000119312522311513/0001193125-22-311513-index.htm
- Material Agreements
  SEACOR Marine Holdings Inc. amended Second Amended and Restated Credit Facility Agreement with DNB Capital LLC and Comerica Bank, with DNB Bank ASA, New York Branch as administrative agent valued at Divided loans into Class A and Class B Debt; extended Class A Debt final payment to March 31, 2026; (effective 2022-12-22).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: DNB Capital LLC and Comerica Bank, with DNB Bank ASA, New York Branch as administrative agent
  - Value: Divided loans into Class A and Class B Debt; extended Class A Debt final payment to March 31, 2026;
  - Effective: 2022-12-22
  source text: Item 1.01 Entry into a Material Definitive Agreement. On December 22, 2022, SEACOR Offshore OSV LLC (“SEACOR OSV”), a wholly owned subsidiary of SEACOR Marine Holdings Inc. (“SEACOR Marine”), and certain vessel-owning subsidiaries of SEACOR OSV, entered into Amendment No. 8 (“Amendment No. 8”) to that certain second amended and restated credit facility agreement with DNB Capital LLC and Comerica Bank, as lenders, and administered by DNB Bank ASA, New York Branch, dated as of December 31, 2021 (the “Credit Facility”), and in connection with which SEACOR Marine previously entered into a Guaranty, dated as of December 31, 2021, in favor of DNB Bank ASA, New York Branch, as security trustee. Amendment No. 8 provides for, among other things, the division of the loans under the Credit Facility into two tranches of debt, Class A Debt (as defined in the Credit Facility) deemed loaned under the Credit Facility by DNB Capital LLC, and Class B Debt (as defined in the Credit Facility) deemed loane
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690334/000119312522311513/0001193125-22-311513-index.htm

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