Helix Energy Solutions Group entered into an amendment of its existing asset-based revolving credit facility, increasing the borrowing base and commitments of the lenders thereunder from $100 million to $120 million, among other changes. Bank of America continues to serve as administrative agent for the ABL facility.
Bank of America Increases Credit Facility to $100MM to Support Helix Energy’s Acquisition of Alliance
Helix Energy Solutions Group completed its acquisition of all of the equity interests of the Alliance group of companies. In conjunction, Helix amended its existing asset-based revolving credit facility. Bank of America served as administrative agent for the facility.
Helix Energy Solutions Group entered into a new $80 million asset-based revolving credit facility with a syndicated banking group. Bank of America and Wells Fargo acted as joint lead arrangers for the facility.
Nordea Bank amended an existing credit agreement with Helix Energy Solutions Group. The original agreement was dated as of Sept. 26, 2014 and the amendment extends the final maturity date of the term loan from April 30, 2020 to Jan. 31, 2021.
Helix Energy Solutions entered into a $250 million amended credit agreement with Bank of America Merill Lynch and Wells Fargo Securities as joint lead arrangers. Bank of America served as administrative agent.
Helix Energy Solutions amended its credit agreement with a lender group led by Bank of America as administrative agent. The amendment included a reduction of a revolver commitment from $600 million to $400 million.
Helix Energy Solutions entered into a credit agreement with a lending group in the amount of $900 million. Merrill Lynch and Wells Fargo Securities acted as joint lead arrangers and joint bookrunning managers.