GulfMark to repay credit facilities with senior note offering proceeds

By Tali David

Minneapolis, Nov. 30 - GulfMark Offshore, Inc. plans to use the proceeds of its senior note offering to repay certain existing credit facilities, according to a notice.

The company is privately offering $150 million of its 6.375% senior notes due 2022.

It will also use proceeds for general corporate purposes, including vessel construction costs.

Houston-based GulfMark moves equipment, people and supplies to offshore facilities and repositions drilling structures.

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