Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
SEACOR Marine Holdings Inc. incurred term loan of $122.0 million with EnTrust Global at 11.75% per annum maturing fifth anniversary of the date of funding.
- Instrument
- term loan
- Principal
- $122.0 million
- Counterparty
- EnTrust Global
- Rate
- 11.75% per annum
- Maturity
- fifth anniversary of the date of funding
- Event
- incurrence
Exact text from the filing
On September 8, 2023, SEACOR Marine Holdings Inc. (the “Company”), as parent guarantor, SEACOR Marine Foreign Holdings Inc. (“SMFH”), as borrower, and certain other wholly-owned subsidiaries of the Company, as subsidiary guarantors, entered into a credit agreement providing for a $122.0 million senior secured term loan (the “SMFH Credit Facility” and such agreement, the “SMFH Credit Agreement”) with certain affiliates of EnTrust Global, as lenders
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
SEACOR Marine Holdings Inc. amended A&R SEACOR Alpine Credit Facility Guaranty with Mountain Supply LLC, an affiliate of Hudson Structured Capital Management valued at Amended and restated guaranty with respect to the $28.0 million senior secured term loan facility (effective 2023-09-08).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Mountain Supply LLC, an affiliate of Hudson Structured Capital Management
- Value
- Amended and restated guaranty with respect to the $28.0 million senior secured term loan facility
- Effective
- 2023-09-08
Exact text from the filing
On September 8, 2023, the Company entered into an amended and restated guaranty (“A&R SEACOR Alpine Credit Facility Guaranty”) with respect to the obligations under that certain $28.0 million senior secured term loan facility, dated June 16, 2023, by and among the Company, as a guarantor, SEACOR Marine Alpine LLC, as a guarantor, SEACOR Alps LLC, SEACOR Andes LLC, and SEACOR Atlas LLC, as borrowers, each a wholly-owned subsidiary of the Company, and Mountain Supply LLC, an affiliate of Hudson Structured Capital Management, as lender, facility agent and security trustee (the “SEACOR Alpine Credit Facility”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
SEACOR Marine Holdings Inc. entered into SMFH Credit Agreement with affiliates of EnTrust Global valued at $122.0 million senior secured term loan (effective 2023-09-08).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- affiliates of EnTrust Global
- Value
- $122.0 million senior secured term loan
- Effective
- 2023-09-08
Exact text from the filing
On September 8, 2023, SEACOR Marine Holdings Inc. (the “Company”), as parent guarantor, SEACOR Marine Foreign Holdings Inc. (“SMFH”), as borrower, and certain other wholly-owned subsidiaries of the Company, as subsidiary guarantors, entered into a credit agreement providing for a $122.0 million senior secured term loan (the “SMFH Credit Facility” and such agreement, the “SMFH Credit Agreement”) with certain affiliates of EnTrust Global, as lenders, Kroll Agency Services, Limited, as facility agent, and Kroll Trustee Services Limited, as security trustee.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
SEACOR Marine Holdings Inc. entered into SMFH Credit Facility Guaranty with affiliates of EnTrust Global valued at Guaranty with respect to the obligations of the Borrower under the SMFH Credit Agreement (effective 2023-09-08).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- affiliates of EnTrust Global
- Value
- Guaranty with respect to the obligations of the Borrower under the SMFH Credit Agreement
- Effective
- 2023-09-08
Exact text from the filing
In connection with the SMFH Credit Facility, the Company issued a guaranty with respect to the obligations of the Borrower under the SMFH Credit Agreement and related documents (the “SMFH Credit Facility Guaranty”).
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