SEACOR Marine Announces Complete Debt Refinancing, Newbuild Orders, and Vessel Sales

SEACOR Marine Holdings Inc. has entered into a new senior secured term loan of up to $391.0 million with an affiliate of EnTrust Global and separate agreements to build two platform supply vessels (PSVs) for a contract price of $41.0 million per vessel. The new credit facility will consolidate the company’s debt capital structure into a single credit facility maturing in the fourth quarter of 2029 and provides financing for the Shipbuilding Contracts. Additionally, the company has entered into definitive agreements to sell two anchor handling towing and supply (AHTS) vessels for total proceeds of $22.5 million.