Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
SEACOR Marine Holdings Inc. amended credit facility of $24.6 million of undrawn commitments with an affiliate of EnTrust Global.
- Instrument
- credit facility
- Principal
- $24.6 million of undrawn commitments
- Counterparty
- an affiliate of EnTrust Global
- Event
- amendment
Exact text from the filing
The Letter Agreement provides for (i) the release to SMFH of $13.7 million (the “Release”) from a restricted escrow account into which vessel sale proceeds are deposited from the sale of vessels that serve as collateral under the 2024 Credit Agreement (the “Escrow Account”) and (ii) the cancellation of the $24.6 million of undrawn commitments available under Tranche B of the 2024 Credit Agreement (“Tranche B”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SEACOR Marine Holdings Inc. amended Letter Agreement with an affiliate of EnTrust Global valued at $13.7 million (effective 2026-05-20).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- an affiliate of EnTrust Global
- Value
- $13.7 million
- Effective
- 2026-05-20
Exact text from the filing
On May 20, 2026, SEACOR Marine Holdings Inc. (the “Company”), as parent guarantor, and SEACOR Marine Foreign Holdings Inc., as borrower and wholly-owned subsidiary of the Company (“SMFH”), entered into a letter agreement (“Letter Agreement”) for the purposes of modifying that certain credit agreement, dated as of November 27, 2024, among the Company, SMFH, certain other wholly-owned subsidiaries of the Company, as subsidiary guarantors, an affiliate of EnTrust Global, as lender, Kroll Agency Services Limited, as facility agent, and Kroll Trustee Services Limited, as security trustee (the “2024 Credit Agreement”).
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