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Stock impact report

Helix Extends Credit Agreement

Helix Energy Solutions Group, Inc. (HLX) 
Last helix energy solutions group, inc. earnings: 4/22 06:15 pm Check Earnings Report
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (“Helix”) (NYSE: HLX) announced today that it has amended its existing credit agreement dated as of September 26, 2014 with Nordea Bank ABP and the lender parties thereto (the “Credit Agreement”) related to its Q5000 vessel. The amendment extends the final maturity date of the term loan made under the Credit Agreement from April 30, 2020 to January 31, 2021.Erik Staffeldt, Executive Vice President and Chief Financial Officer of Helix, stated, “The purpose of this extension is to align the maturity of the term loan with our expected cash flow generation in the second half of 2020. The short-term extension is consistent with our stated goals of reducing our debt and carefully managing our balance sheet and liquidity position. We thank our bank syndicate members for their support during this period of market volatility.”About HelixHelix Energy Solutions Group, Inc., headquartered in Houston, Texas, is an international offsh Show less Read more
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