---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-169488"
form_type: "8-K"
ticker: "SMHI"
cik: "0001690334"
company_name: "SEACOR Marine Holdings Inc."
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T21:24:21.784090+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Seacor Marine secures $28M term loan at 10.25% to refinance vessel construction debt

## Summary
- $28M senior secured term loan from Mountain Supply LLC (Hudson Structured); proceeds to repay COSCO shipyard financing for three PSVs.
- Loan bears fixed interest of 10.25% per annum and matures five years after drawdown; monthly installments.
- Borrowers are three Marshall Islands subsidiaries (SEACOR Alps, Andes, Atlas); parent SEACOR Marine Holdings guarantor.
- Facility includes financial covenants: minimum liquidity, debt-to-capitalization, and interest coverage ratio.
- Prepayment allowed with penalties: 1.5% if within 1st year, 1.0% from 1st to 3rd year, none after.

## SEC filing metadata
- accession: 0001193125-23-169488
- form_type: 8-K
- ticker: SMHI
- cik: 0001690334
- company_name: SEACOR Marine Holdings Inc.
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690334/000119312523169488/0001193125-23-169488-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690334/000119312523169488/d490128d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-169488
- JSON: https://secwatch.observer/filing/0001193125-23-169488.json
- Plain text: https://secwatch.observer/filing/0001193125-23-169488.txt

## Key facts
- Debt Financings
  SEACOR Marine Holdings Inc. incurred guarantee with Mountain Supply LLC.
  - Instrument: guarantee
  - Counterparty: Mountain Supply LLC
  - Event: incurrence
  source text: In connection with the Credit Facility, the Company issued a guaranty with respect to the obligations of the Borrowers under the Credit Agreement and related documents (the “SMHI Guaranty”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690334/000119312523169488/0001193125-23-169488-index.htm
- Debt Financings
  SEACOR Marine Holdings Inc. incurred credit facility of $28.0 million with Mountain Supply LLC at 10.25% per annum maturing fifth anniversary of the date on which funds are drawn thereunder.
  - Instrument: credit facility
  - Principal: $28.0 million
  - Counterparty: Mountain Supply LLC
  - Rate: 10.25% per annum
  - Maturity: fifth anniversary of the date on which funds are drawn thereunder
  - Event: incurrence
  source text: entered into a $28.0 million senior secured term loan facility with Mountain Supply LLC, an affiliate of Hudson Structured Capital Management, as lender, facility agent and security trustee (the “Credit Facility” and such agreement being the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690334/000119312523169488/0001193125-23-169488-index.htm
- Material Agreements
  SEACOR Marine Holdings Inc. entered into Credit Agreement with Mountain Supply LLC valued at $28.0 million (effective 2023-06-16).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Mountain Supply LLC
  - Value: $28.0 million
  - Effective: 2023-06-16
  source text: On June 16, 2023, SEACOR Marine Holdings Inc. (the “Company), as a guarantor, and SEACOR Alps LLC (“SEACOR Alps”), SEACOR Andes LLC (“SEACOR Andes”), SEACOR Atlas LLC (“SEACOR Atlas” and, together with SEACOR Alps and SEACOR Atlas, the “Borrowers”) and SEACOR Marine Alpine LLC (“SM Alpine”), as a guarantor, each a wholly-owned subsidiary of the Company, entered into a $28.0 million senior secured term loan facility with Mountain Supply LLC, an affiliate of Hudson Structured Capital Management, as lender, facility agent and security trustee (the “Credit Facility” and such agreement being the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690334/000119312523169488/0001193125-23-169488-index.htm

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