Helix Energy buys back $75 million notes in third quarter at 103.14

By Susanna Moon

Chicago, Oct. 24 - Helix Energy Solutions Group, Inc. said it repurchased $75 million of its senior notes in the third quarter at an average price of 103.14 ahead of the first call date in January.

The call price beginning in January is 104.75, according to the company's earnings release for the quarter ended Sept. 30.

The company said it has repaid $193 million of gross debt since the beginning of the year.

Consolidated net debt fell to $796 million as of Sept. 30 from $833 million as of June 30.

Helix is a Houston-based offshore energy company.

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