secwatch.observer — SEC 8-K summary
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Issuer:     SEACOR Marine Holdings Inc. (SMHI)
CIK:        0001690334
Form:       8-K
Filed at:   2023-04-21T23:59:59+00:00
Accession:  0001193125-23-109101
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SEACOR Marine contemplates 5-yr bond offering; Q1 prelim rev $59.97M, op income $185k
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- Mandated Clarksons Securities AS and DNB Markets to arrange fixed-income investor calls starting April 24 for potential USD 5-year senior secured bonds.
- Net proceeds to refinance outstanding secured debt of SEACOR Marine and for general corporate purposes.
- Preliminary Q1 2023: operating revenues $59.97M, direct vessel profit $22.7M, operating income $185k (vs losses in prior quarters).
- Fleet utilization 76%, average day rate $14,314 in Q1 2023, up from $11,312 in Q1 2022.
- Bonds will be privately placed in the U.S. under Rule 144A and offshore under Regulation S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690334/000119312523109101/0001193125-23-109101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690334/000119312523109101/d482733d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-109101

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