---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-268352"
form_type: "8-K"
ticker: "SMHI"
cik: "0001690334"
company_name: "SEACOR Marine Holdings Inc."
filed_at: "2024-12-02T23:59:59+00:00"
generated_at: "2026-05-29T11:25:54.163248+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SEACOR Marine enters $391M credit facility with EnTrust Global, orders two PSVs, sells two AHTS vessels

## Summary
- $391M senior secured term loan at 10.30% fixed rate, maturing 2029, to refinance $328.7M of existing debt.
- $41M allocated for two new PSVs (4,650 DWT, battery storage) delivered Q4 2026 and Q1 2027.
- Sold two AHTS vessels for $22.5M; exit from AHTS asset class effective Jan 2025.
- Early redemption of $35M convertible debt eliminates ~10% dilution overhang on SMHI common stock.
- Single credit facility consolidates all debt; quarterly amortization starts $5M in Mar 2025 then $7.5M.

## SEC filing metadata
- accession: 0001193125-24-268352
- form_type: 8-K
- ticker: SMHI
- cik: 0001690334
- company_name: SEACOR Marine Holdings Inc.
- filed_at: 2024-12-02T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690334/000119312524268352/0001193125-24-268352-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690334/000119312524268352/d868176d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-268352
- JSON: https://secwatch.observer/filing/0001193125-24-268352.json
- Plain text: https://secwatch.observer/filing/0001193125-24-268352.txt

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