Tidewater Inc.

Closed offering of 8.5% senior secured bonds due 2026. An application will be made for the bonds to be listed on the Nordic ABM within six months of the issue date for the bonds. The bonds were privately placed in the United States in accordance with U.S. securities laws and sold outside the U.S. pursuant to Regulation S under the Securities Act of 1933. Proceeds will be used to refinance outstanding debt and for general corporate purposes.