HMH Holding B.V. – Successful placement of a senior secured bond issue

Reference is made to the stock exchange notice from HMH Holding B.V. (the “Company”) dated Tuesday, 2 December 2025, regarding a contemplated new senior secured bond issue.

The Company is pleased to announce the successful placement of a new USD 200 million senior secured bond issue with a 3-year tenor and a fixed coupon of 7.875 % per annum (the “Bonds”). The net proceeds from the Bonds will be applied towards settlement in full of the Company’s existing USD 200 million senior secured bond issue with ISIN NO0013063495 (“HMHH02”). The Company will issue a call notice for early redemption of HMHH02 at the prevailing call price of 103.292%, plus accrued interest, in due course.

The Company shall ensure that the Bonds will be listed on Euronext ABM within 6 months.

DNB Carnegie, Nordea, Arctic Securities and Pareto Securities acted as Joint Bookrunners in the transaction.   

For more information, please contact:
Tom McGee, Chief Financial Officer
Mobile: +1 713 443 5476
E-mail: Thomas.McGee@hmhw.com

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

About HMH

HMH is a premier drilling solutions provider, which was formed as an independent company in October 2021 through the merger of Baker Hughes’ (NYSE: BKR) Subsea Drilling Systems business and Akastor ASA’s wholly owned subsidiary, MHWirth AS.

HMH combines integrated delivery capabilities, capital, renowned industry expertise and delivers the full range of offshore drilling equipment products and packages at scale. HMH aims to support the industry’s transition toward more energy-efficient solutions, as well as deploying technologies and service solutions to make the sector more competitive through increased drilling efficiency. Moreover, the Company’s service and technology portfolio will be utilized as a springboard for future growth, both within drilling services and when pursuing opportunities towards adjacent industries such as renewables and mining.

For further information, please visit our homepage: https://hmhw.com/