Subscribe To

Price Alert Latest News Economic Calendar News

SMHI / Seacor Marine Holdings Addresses Near-Term Debt Maturities - Buy

Shares of leading offshore transportation services provider SEACOR Marine Holdings reached a new 52-week high last week. Three weeks ago, the company managed to refinance an aggregate $104.6 million in near-term debt maturities with a new $122 million secured credit facility provided by affiliates of EnTrust Global. Unfortunately, terms of the new credit facility are less-than-stellar with SEACOR being required to pay interest at a rate of 11.75% p.a., substantially above the average of the refinanced facilities. Read More

Demo Live Account See Partner Details

Content Topics

Seacor

Marine

Holdings

Addresses

Near

Term

Debt

Maturities

Near term

Stock

SMHI

Posted: Oct 3 2023, 05:14

Author Name: Seeking Alpha

SMHI News

By Seeking Alpha
November 4, 2023

SEACOR Marine: Good Company, But Not Good Enough

The OSV market is expected to face a deficit due to low order book levels and declining shipyard capacity, but growing demand from deep-water protects

By Seeking Alpha
October 3, 2023

Seacor Marine Holdings Addresses Near-Term Debt Maturities - Buy

Shares of leading offshore transportation services provider SEACOR Marine Holdings reached a new 52-week high last week. Three weeks ago, the company

By Seeking Alpha
June 1, 2023

Seacor Marine Holdings: Business Has Reached An Inflection Point - Buy

The leading offshore support services provider reported decent first quarter results with revenues, average day rates, direct vessel profit, and EBITD

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. We and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of us and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. We may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.