Tidewater (TDW) Prices $650M Notes Offering

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Tidewater Announces Pricing of $650 Million Offering of Senior Notes due 2030

June 24, 2025 4:16 PM EDT

HOUSTON--(BUSINESS WIRE)-- Tidewater Inc. (NYSE: TDW) (Tidewater or the Company) today announced the pricing of its previously announced private offering (the Offering) of $650 million in aggregate principal amount of unsecured senior notes due 2030 (the 2030 Notes). The 2030 Notes will bear interest at a rate of 9.125% per year and will mature on July 15, 2030. The 2030 Notes will be issued at par.

The sale of the 2030 Notes to the initial purchasers is expected to settle on July 7, 2025, subject to customary closing conditions. The Company expects to use the net proceeds from the Offering, together with... More