TDW

Tidewater Announces Termination of Tax Benefits Preservation Plan

Retrieved on: 
Thursday, December 16, 2021
Maritime, Mining, Minerals, Transport, Oil, Gas, Energy, Natural Resources, Internal Revenue Code section 409A, Inc., Forward-looking statement, Board of directors, Sustainability Accounting Standards Board, Tidewater, Company, Board, NYSE, Ownership, Private Securities Litigation Reform Act, TDW, Industry, Wind, Acquisition, Risk, SEC, Form 10-K, Form 10-Q, Plan, Internal Revenue Code, Security (finance)

Tidewater Inc. (NYSE: TDW) (the Company) today announced that its Board of Directors has amended its previously adopted Tax Benefits Preservation Plan (the "Plan") to accelerate the termination of the Plan to December 15, 2021.

Key Points: 
  • Tidewater Inc. (NYSE: TDW) (the Company) today announced that its Board of Directors has amended its previously adopted Tax Benefits Preservation Plan (the "Plan") to accelerate the termination of the Plan to December 15, 2021.
  • Subsequent to the recent third anniversary of that transaction as well as other factors, the rolling three-year change in ownership was reduced significantly.
  • The Board determined that the Company's tax attributes no longer need the protection of the Plan, and it is in the best interest of the Company's shareholders to promptly terminate the Plan.
  • Tidewater owns and operates one of the largest fleets of offshore support vessels in the industry, with more than 65 years of experience supporting offshore energy exploration, production, generation and offshore wind activities worldwide.

Tidewater Announces Closing of USD $175 Million Senior Secured Bond Issue

Retrieved on: 
Tuesday, November 16, 2021
Maritime, Energy, Transport, Oil, Gas, Tidewater, Securities Act of 1933, Industry, Private Securities Litigation Reform Act, Inc., Form 10-K, USD, Nordic, Risk, Forward-looking statement, TDW, Company, SEC, NYSE, Wind, Form 10-Q, Regulation, Security (finance)

Tidewater Inc. (NYSE: TDW) (the Company) today announced that it has closed the Companys offering of USD $175 million aggregate principal amount of 8.5% senior secured bonds due 2026.

Key Points: 
  • Tidewater Inc. (NYSE: TDW) (the Company) today announced that it has closed the Companys offering of USD $175 million aggregate principal amount of 8.5% senior secured bonds due 2026.
  • An application will be made for the bonds to be listed on the Nordic ABM within six months of the issue date for the bonds.
  • The Company used the net proceeds from the bond issue towards the refinancing of the Companys outstanding debt and for general corporate purposes.
  • The Companys filings can be obtained free of charge on the SECs website at www.sec.gov.

Tidewater Announces Earnings Conference Call

Retrieved on: 
Wednesday, November 3, 2021
Oil, Gas, Energy, Maritime, Transport, Other Energy, Inc., Tidewater, Telephone, Company, NYSE, TDW, Industry, Form 10-Q, Central Time, Investor relations, Wind, Animal, Risk management

Tidewater Inc. (NYSE: TDW) (Tidewater or the Company) announced today an earnings conference call has been scheduled for Wednesday, November 10, 2021, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending September 30, 2021.

Key Points: 
  • Tidewater Inc. (NYSE: TDW) (Tidewater or the Company) announced today an earnings conference call has been scheduled for Wednesday, November 10, 2021, at 8:00 a.m. Central Time, during which President and Chief Executive Officer Quintin Kneen will discuss results for the three months ending September 30, 2021.
  • Investors and interested parties may listen to the earnings conference call via telephone by calling +1.888.771.4371 if calling from the U.S. or Canada (+1.847.585.4405 if calling from outside the U.S.) and asking for the Tidewater call just prior to the scheduled start time.
  • A live webcast of the call will also be available in the Investor Relations section of Tidewaters website at investor.tdw.com .
  • The conference call will contain forward-looking statements in addition to statements of historical fact.

Tidewater Announces Pricing of USD $175 Million Senior Secured Bond Issue

Retrieved on: 
Friday, October 15, 2021
Maritime, Energy, Transport, Oil, Gas, Risk, Form 10-Q, Industry, Private Securities Litigation Reform Act, TDW, Securities Act of 1933, SEC, Regulation, USD, NYSE, Form 10-K, Company, Forward-looking statement, Wind, Inc., Sale, Tidewater, Security (finance)

Tidewater Inc. (NYSE: TDW) (the Company) today announced that it has finalized the terms of the Companys offering of USD $175 million in senior secured bonds in the Nordic bond market.

Key Points: 
  • Tidewater Inc. (NYSE: TDW) (the Company) today announced that it has finalized the terms of the Companys offering of USD $175 million in senior secured bonds in the Nordic bond market.
  • The Company anticipates that consummation of the offering will occur on November 16, 2021, subject to customary closing conditions.
  • The Company intends to use the net proceeds from the bond issue towards the refinancing of the Companys outstanding debt and for general corporate purposes.
  • This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933.

Tidewater Announces Contemplated Bond Issue

Retrieved on: 
Friday, October 8, 2021
Maritime, Automotive, Transport, Oil, Gas, Energy, Fleet Management, Private Securities Litigation Reform Act, Company, Forward-looking statement, USD, Regulation, Inc., Form 10-K, Tidewater, Industry, SEC, Form 10-Q, U.S. Securities and Exchange Commission, Wind, Securities Act of 1933, Security (finance), NYSE, Sale, TDW, Risk

Tidewater Inc. (NYSE: TDW) (the Company) today announced that it intends to commence an offering of USD denominated 5-year senior secured bonds, subject to market and other conditions.

Key Points: 
  • Tidewater Inc. (NYSE: TDW) (the Company) today announced that it intends to commence an offering of USD denominated 5-year senior secured bonds, subject to market and other conditions.
  • The Company intends to use the net proceeds from the bond issue towards refinancing of the Companys outstanding debt and for general corporate purposes.
  • This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933.
  • Tidewater owns and operates one of the largest fleets of offshore support vessels in the industry, with more than 65 years of experience supporting offshore energy exploration, production, generation and offshore wind activities worldwide.

Tidewater to Present at the Pareto Securities’ 28th Energy Virtual Conference

Retrieved on: 
Tuesday, September 14, 2021
Maritime, Automotive, Transport, Oil, Gas, Energy, Fleet Management, Conference, NYSE, Industry, Central Time, Inc., TDW, Company, CEO, SEC, Investor relations, Tidewater, Pareto

Tidewater Inc. (NYSE: TDW) (Tidewater or the Company) announced today that Quintin V. Kneen, President, CEO and Director will present at Pareto Securities 28th Energy Virtual Conference on Thursday, September 16, 2021, at 3:40 a.m. Central Time (4:40 a.m. Eastern Time).

Key Points: 
  • Tidewater Inc. (NYSE: TDW) (Tidewater or the Company) announced today that Quintin V. Kneen, President, CEO and Director will present at Pareto Securities 28th Energy Virtual Conference on Thursday, September 16, 2021, at 3:40 a.m. Central Time (4:40 a.m. Eastern Time).
  • Upon completion of the presentation, the Company will file a Form 8-K with the SEC that will include a copy of the slides presented, as well as have the presentation available on the Investor Relations section of the Companys website at investor.tdw.com .
  • Tidewater owns and operates the largest fleet of offshore support vessels in the industry, with 65 years of experience supporting offshore energy exploration and production activities worldwide.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20210914006171/en/

TRC and T.D. Williamson Partner to Provide Safe, Innovative and Cost-Saving Services to Pipeline Operators

Retrieved on: 
Thursday, July 18, 2019
TDW, Pipeline, Pipeline transport

Williamson (TDW) to support pipeline operators with safe, reliable and efficient services to get them in compliance with the new federal "Gas Mega Rule."

Key Points: 
  • Williamson (TDW) to support pipeline operators with safe, reliable and efficient services to get them in compliance with the new federal "Gas Mega Rule."
  • "This joint service offering will offer a one-stop shop solution to alleviate those challenges and create a value-added path forward to compliance and pipeline safety."
  • The partnership between TRC and TDW brings together two powerhouse pipeline service providers that have a passion for pipeline safety and have been supporting pipeline integrity operators for decades.
  • By linking up they are creating a seamless service offering that will save clients both time and money.