An update from SEACOR Marine Holdings ( (SMHI) ) is now available.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
SEACOR Marine Holdings Inc. secures a $391 million senior secured term loan to refinance existing debts and finance new platform supply vessels (PSVs). The loan, split into two tranches, will be fully drawn by early 2027. This strategic move consolidates six debt facilities, enhancing SEACOR’s financial flexibility and supporting its fleet expansion, particularly with a focus on modern, fuel-efficient vessels equipped with advanced technology for offshore energy sectors.
For a thorough assessment of SMHI stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue