Press Releases
The key features of the ABL Facility include:
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$80 million revolving credit facility, subject to borrowing base availability - Five-year term or 91 days prior to the maturity of Helix’s 2026 Convertible Senior Notes
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Separate
U.S. andU.K. tranches of$45 million and$35 million , respectively - Initial pricing at LIBOR or SONIA plus 150 to 200 basis points or the base rate plus 50 to 100 basis points, with an undrawn fee of 37.5 to 50 basis points
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Additional
$70 million accordion, subject to lender approval
About Helix
View source version on businesswire.com: https://www.businesswire.com/news/home/20210930006007/en/
Executive Vice President and CFO
email: estaffeldt@helixesg.com
ph: 281-618-0465
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