04:32 PM EDT, 06/24/2025 (MT Newswires) -- Tidewater (TDW) said late Tuesday it has priced $650 million of its 9.125% unsecured senior notes due 2030 at par.
The offering is expected to close on July 7, it said.
The firm said the use of the proceeds includes for repayment of senior secured term loan and for redemption of its 8.50% senior bonds due 2026 and 10.375% senior bonds due 2028.