Investor Presentaiton
Liquidity and Cash Flow
Liquidity as of September 30, 2023
$556 million of cash and cash equivalents
Pro forma debt position*:
.
• $500 million of unsecured senior notes due February 2028,
nearest maturity
$215 million of unused commitments through our senior
secured revolving credit agreement, available through April 2027
Cash flow for the quarter ended September 30, 2023
Cash flow provided by operations: $79.6 million
•
Capital expenditures: $25.9 million
• Free Cash Flow: $53.7 million
* After completion of a series of debt transactions that began on September 20, 2023, including a new issuance of $200 million
senior notes due February 2028, and the tender and redemption of all $400 million senior notes due November 2024.
Transactions were completed on November 2, 2023.
Oceaneering also extended its secured revolving credit security by one year to April 2027.
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OCEANEERING
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