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Tidewater Announces Offering of $650 Million of Senior Notes Due 2030

HOUSTON, June 23, 2025--Tidewater Inc. (NYSE: TDW) ("Tidewater" or "the Company") today announced that it has commenced a private offering (the "Offering") of $650 million in aggregate principal amount of unsecured senior notes due 2030 (the "2030 Notes"). The Company expects to use the net proceeds from the Offering, together with cash on hand, (i) to repay in full the Company’s existing senior secured term loan, (ii) to fund the redemption (the "Redemption") of both the Company’s outstanding 8

articleTidewater Inc.June 23, 20253/company/tidewater-inc/news/tidewater-announces-offering-650-million-113300792
Tidewater Announces Offering of $650 Million of Senior Notes Due 2030

About this update from Tidewater Inc.

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