New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 18, 2014
17:44 EDTDVRCal Dive CFO Brent Smith resigns
Cal Dive International announced that Brent D. Smith, the company’s CFO, voluntarily resigned from the company effective June 13 to pursue other opportunities. The company has commenced a search for a new CFO and will consider both internal and external candidates. Until a new CFO is named, Quinn J. Hébert, the company’s chairman, president and CEO will assume the additional responsibilities of CFO of the company. Smith has agreed to make himself available to assist during the transition.
News For DVR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 16, 2014
07:05 EDTDVRCal Dive provides update on revolving credit facility refinancing
Subscribe for More Information
October 6, 2014
07:02 EDTDVRCal Dive provides further update on revolving credit facility refinancing
Cal Dive International said is continuing to work with several financial institutions towards a refinancing of the company’s first lien revolving credit facility in an amount up to its previous capacity of $125M, and expects the refinancing to be completed by the end of this week. The company is also working with its existing second lien facility lenders on an amendment to that facility that will be entered into at the same time as the refinancing is closed. Although the refinancing was not finalized by the September 30 deadline required by the terms of waivers previously granted by the company’s existing first lien revolving credit facility lenders and second lien facility lenders, those lenders are working cooperatively with the company to allow extra time needed to complete the refinancing.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use