Helix Energy -8.1% after news of convertible debt offering

Helix Energy Solutions (NYSE:HLX) is off 8.1% after hours following news it"s offering $125M in convertible senior notes.

The notes will be due 2023; net proceeds will go to repurchase all outstanding $60.115M in 3.25% convertible senior notes due 2032 and to repay borrowings under an outstanding term loan.

Joint book-runners are Wells Fargo Securities, and Merrill Lynch, Pierce, Fenner & Smith.

Nguồn: seekingalpha.com