$Seacor Marine (SMHI.US)$ SEACOR Marine Announces Complete Debt Refinancing, Newbuild Orders, and Vessel Sales SEACOR Marine Holdings (NYSE: SMHI) has secured a new $391.0 million senior secured term loan with EnTrust Global, maturing in Q4 2029. The company will use the funds to refinance $203.7 million of secured debt and $125.0 million of unsecured debt due in 2026. Additionally, SMHI ordered two platform supply vessels at $41.0 million each, with deliveries scheduled for Q4 2026 and Q1 20...
SEACOR Marine's subdued revenue growth projections, despite trading at a P/S ratio in line with others, could disappoint investors if the P/S falls. A positive change is needed to justify the current price-to-sales ratio.
Insider shares sold at high prices and lack of purchases last year require caution. In SEACOR Marine, substantial but not complete insider ownership alignment with small shareholders urges forecasting. Two warning signs found, mandating a detailed company analysis.
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SEACOR Marine Announces Complete Debt Refinancing, Newbuild Orders, and Vessel Sales
SEACOR Marine Holdings (NYSE: SMHI) has secured a new $391.0 million senior secured term loan with EnTrust Global, maturing in Q4 2029. The company will use the funds to refinance $203.7 million of secured debt and $125.0 million of unsecured debt due in 2026. Additionally, SMHI ordered two platform supply vessels at $41.0 million each, with deliveries scheduled for Q4 2026 and Q1 20...
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