Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Tidewater Inc.    TDW

TIDEWATER INC.

(TDW)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener Strategies

Tidewater : Announces Extension of Expiration Time of Tender Offer

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/11/2019 | 04:31pm EDT

Tidewater Inc. (NYSE: TDW) (“Tidewater”) announced today that due to the closing of executive departments and agencies of the U.S. Federal government, including the Securities and Exchange Commission, on Monday, December 24, 2018, it has extended the expiration date of its cash tender offer (the “Offer”) to purchase up to $25,368,084 aggregate principal amount of its 8.00% Senior Secured Notes due 2022 (the “Notes”) from 5:00 p.m., New York City time, on January 11, 2019 to 5:00 p.m., New York City time, on January 14, 2019, unless further extended or earlier terminated.

As of January 10, 2019, $160,000 aggregate principal amount of the Notes had been tendered in the Offer.

Holders of Notes who have previously validly tendered and not validly withdrawn their Notes do not need to re-tender their Notes or take any other action in response to the extension of the Offer.

This press release is for informational purposes only and shall not constitute an offer to purchase or a solicitation of an offer to sell any securities. The Offer is being made only through, and subject to the terms and conditions set forth in, the Offer to Purchase dated December 12, 2018 (the “Offer to Purchase”), which sets forth a more detailed description of the terms of the Offer. Except as described in this press release, the terms and conditions of the Offer as described in the Offer to Purchase are unchanged. Copies of the Offer to Purchase may be obtained from Wilmington Trust, National Association, the depositary and paying agent, at the address and e-mail address set forth in the Offer to Purchase. Holders of the Notes are urged to read the Offer to Purchase in its entirety.

About Tidewater
Tidewater owns and operates the largest fleet of Offshore Support Vessels in the industry, with over 60 years of experience supporting offshore energy exploration and production activities worldwide.


© Business Wire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TIDEWATER INC.
06/18TIDEWATER INC : Other Events, Financial Statements and Exhibits (form 8-K)
AQ
05/24TIDEWATER INC : Other Events, Financial Statements and Exhibits (form 8-K)
AQ
05/15TIDEWATER : to Participate in the UBS Global Oil and Gas Conference
AQ
05/14TIDEWATER : to Participate in the UBS Global Oil & Gas Conference
BU
05/07TIDEWATER INC : Results of Operations and Financial Condition, Financial Stateme..
AQ
05/06TIDEWATER : 1Q Earnings Snapshot
AQ
05/06TIDEWATER : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESU..
AQ
05/06TIDEWATER : Reports Results for the Three-Months Ended March 31, 2019
BU
05/01TIDEWATER INC : Submission of Matters to a Vote of Security Holders, Regulation ..
AQ
04/23TIDEWATER : Announces Earnings Conference Call
BU
More news
Financials ($)
Sales 2019 502 M
EBIT 2019 45,3 M
Net income 2019 12,3 M
Debt 2019 17,1 M
Yield 2019 -
P/E ratio 2019 44,96
P/E ratio 2020 6,11
EV / Sales 2019 1,68x
EV / Sales 2020 0,98x
Capitalization 826 M
Chart TIDEWATER INC.
Duration : Period :
Tidewater Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TIDEWATER INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 38,5 $
Spread / Average Target 75%
EPS Revisions
Managers
NameTitle
John T. Rynd President, Chief Executive Officer & Director
Thomas R. Bates Chairman
Jeffrey A. Gorski Chief Operating Officer & Executive Vice President
Quintin Venable Kneen Chief Financial Officer & Executive Vice President
Alan Jeffrey Carr Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
TIDEWATER INC.19.66%817
SCHLUMBERGER NV2.36%49 158
BAKER HUGHES7.40%22 650
HALLIBURTON COMPANY-17.95%18 878
TECHNIPFMC22.42%9 445
NATIONAL OILWELL VARCO-19.03%8 189