Brief: Seacor Marine Announces $56.9 Million Private Placement Of Common Stock

SEACOR Marine Holdings

20/04/2018 22:18

April 20 (Reuters) - SEACOR Marine Holdings Inc  SMHI.N :
    * SEACOR MARINE ANNOUNCES $56.9 MILLION PRIVATE PLACEMENT OF
COMMON STOCK
    * SEACOR MARINE - SUBSCRIPTION AGREEMENT FOR PRIVATE
PLACEMENT OF
ABOUT 2.8 MILLION SHARES OF STOCK AT $20.00/SHARE
    * SEACOR MARINE - CO, CARLYLE GROUP AGREED TO EXCHANGE $50
MILLION
OF SEACOR MARINE'S OUTSTANDING 3.75% CONVERTIBLE SENIOR NOTES
DUE DECEMBER 2022
    * SEACOR MARINE - CO, CARLYLE GROUP ALSO AGREED TO AMEND
NOTES
THAT WILL REMAIN OUTSTANDING TO INCREASE COUPON FROM 3.75% PER
ANNUM TO 4.25% PER ANNUM
    * SEACOR MARINE - CO, CARLYLE GROUP ALSO AGREED TO AMEND
NOTES TO
EXTEND MATURITY OF NOTES BY 12 MONTHS TO DECEMBER 2023

Source text for Eikon:  ID:nBw48VDsMa 
Further company coverage:  SMHI.N 

 (Reuters.Briefs@thomsonreuters.com)