Locke Lord Advised Helix Energy Solutions Group in Public Offering Generating Nearly $230 Million

Locke Lord acted as legal advisor for Helix Energy Solutions Group, Inc. in the public offering of 26.45 million shares at $8.65 per share for gross proceeds of almost $230 million. Helix, an international offshore energy services company, intends to use the proceeds for general corporate purposes, which may include debt repayment, capital expenditures, working capital, acquisitions or investments in its subsidiaries. The offering was completed on Jan. 10, 2017. The Locke Lord team was led by David Taylor (Houston) and included Michelle Earley (Austin), Buddy Sanders (Houston) and Megan Foscaldi (Boston).
Posted January 11, 2017