Cal Dive Int'l (DVR) Misses Q1 EPS by 4c
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Cal Dive International (DVR) Enters Debt Refi
May 9, 2014 2:06 PM EDTCal Dive International, Inc. (NYSE: DVR) announces that it has refinanced its debt to provide more flexibility and liquidity for ongoing and future construction work, primarily in Mexico. The Company has entered into a $100 million senior secured second lien term loan facility, that includes a new loan of $80 million and the conversion of the Companys existing $20 million unsecured term loan to a secured term loan under the second lien facility. Both term loans under the second lien facility mature in 2019 with no scheduled amortization. The $20 million term loan bears interest at Libor plus... More
Cal Dive International (DVR) trading halted with news pending
May 9, 2014 2:00 PM EDTCal Dive International (NYSE: DVR) trading halted with news pending.
... More