 Helix Energy Solutions Group, Inc. Helix NYSE: HLX announced today its intention to offer, subject to market and other conditions, 175 million principal amount of Convertible Senior Notes due 2026 the 2026 Notes. Helix intends to use a portion of the net proceeds from the offering to repurchase a portion of its outstanding 4.25 Convertible Senior Notes due 2022 the 2022 Notes and its outstanding 4.125 Convertible Senior Notes due 2023 the 2023 Notes and, together with the 2022 Notes, the Outstanding Notes in privately negotiated transactions effected through one of the underwriters or its affiliate, as Helixs agent, concurrently with the offering the repurchase transactions and to fund the cost of entering into the capped call transactions described below. Helix intends to use any remaining net proceeds from the offering for general corporate purposes, which may include the repayment of other indebtedness. Wells Fargo Securities, LLC and Evercore ISI are acting as joint book-running managers for the offering. 