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Stock impact report

Tidewater Inc. Announces Receipt of Requisite Consents with Respect to its Standalone Consent Solicitation and the Early Results of its Cash Tender Offer

Tidewater Inc. (TDW) 
Last tidewater inc. earnings: 8/9 04:24 pm Check Earnings Report
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE:TDW) (the “Company”) today announced that the Company’s consent solicitation of the holders (the “Holders”) of its 8.00% Senior Secured Notes due 2022 (the “Notes”) successfully received the consent of the Holders of a majority of the outstanding principal amount of the Notes on November 22, 2019 (the “Requisite Consents”).The Company also announced today that pursuant to the previously announced cash tender offer (the “Tender Offer”) for up to $125,000,000 aggregate principal amount of the outstanding Notes (the “Tender Cap”), approximately $285.5 million in aggregate principal amount of the Notes were validly tendered and not validly withdrawn on or prior to 5:00 p.m., New York City time, on November 22, 2019 (the “Early Tender Time”).The Consent Solicitation The Company had previously announced a solicitation of consents from Holders of the Notes to certain proposed amendments (the “Proposed Amendments”) to the indenture governing Show less Read more
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