Helix Energy Solutions Group HLX US — Debt Instrument Basis Spread On Variable Rate1
Other geography segments
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Helix Energy Solutions Group in its filing.
Tagged under the XBRL concept us-gaap:DebtInstrumentBasisSpreadOnVariableRate1.
The source filing: Helix Energy Solutions Group’s 10-Q, filed April 24, 2026.
- Filed
- Apr 24, 2026, 5:25 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000866829-26-000013
U.S. borrowings under the Amended ABL Facility bear interest at the Term SOFR rate (also known as CME Term SOFR as administered by CME Group, Inc.) plus a margin of 1.50% to 2.00% or at a base rate plus a margin of 0.50% to 1.00%. U.K. borrowings under the Amended ABL Facility denominated in U.S. dollars bear interest at the Term SOFR rate with SOFR adjustment of 0.10% and U.K. borrowings denominated in the British pound bear interest at the SONIA daily rate, each plus a margin of 1.50% to 2.00%. We also pay a commitment fee of 0.375% to 0.50% per annum on the unused portion of the facility.
Item 1. Financial Statements
FAQ
- What is Helix Energy Solutions Group's US — debt instrument basis spread on variable rate1?
- Helix Energy Solutions Group (HLX) reported US — debt instrument basis spread on variable rate1 of 2% in Q1 2026.
- How has Helix Energy Solutions Group's US — debt instrument basis spread on variable rate1 changed year-over-year?
- Helix Energy Solutions Group's US — debt instrument basis spread on variable rate1 decreased by 0.0% year-over-year, from 2% to 2%.
- What does US — debt instrument basis spread on variable rate1 mean?
- This metric reflects the additional interest rate margin added to a benchmark index for the segment's variable-rate debt obligations. It serves as a proxy for the credit risk premium assigned to the segment by lenders based on its financial performance and market conditions. A lower spread generally indicates improved creditworthiness and reduced cost of capital for the segment's financing activities.
Ask your AI about Helix Energy Solutions Group's us — debt instrument basis spread on variable rate1.
Connect your AI assistant and compare segments, right in your chat.
