Tidewater offers dollar-denominated five-year senior secured bonds

By Marisa Wong

Los Angeles, Oct. 8 – Tidewater Inc. announced it has begun an offering of dollar-denominated five-year senior secured bonds, subject to market conditions.

The company plans to use proceeds from the Regulation S offering to refinance its outstanding debt and for general corporate purposes, according to a press release.

Based in Houston, Tidewater owns and operates offshore support vessels for the energy industry.

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