PHII - PHI, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
1.2600
-0.0900 (-6.67%)
At close: 4:00PM EDT
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Previous Close1.3500
Open1.3500
Bid0.0000 x 1000
Ask0.0000 x 1000
Day's Range1.1300 - 1.3500
52 Week Range1.1300 - 13.5000
Volume68,704
Avg. Volume40,847
Market Cap16.081M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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All
News
Press Releases
  • Business Wire2 months ago

    PHI, Inc. Announces Results for the Year Ended December 31, 2018

    PHI, Inc. ; PHIIK ) today reported financial results for the year ended December 31, 2018.

  • PR Newswire2 months ago

    PHI, Inc. Takes Action to Address Maturing Debt, Strengthen its Liquidity and Balance Sheet, and Position the Company for Long-Term Success

    PHIIK (non-voting)) ("PHI" or "the Company") today announced that PHI and its principal U.S. entities filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the Northern District of Texas to address the upcoming maturity of PHI's unsecured senior notes and strengthen its balance sheet in order to best position PHI for future success. In the view of both PHI's Board and management team, this is the best course of action to promote the Company's financial wellbeing, strengthen its competitive position in the industry, and advance the interests of PHI and its stakeholders, while maintaining the Company's commitments to its customers and, above all, the safety of its employees and passengers. With existing cash on hand and the net proceeds from the $70 million in funding the Company received on March 13, 2019 under its new term loan with Blue Torch Capital LLC, as well as ongoing cash flows from operations, PHI expects to have sufficient liquidity to continue its business operations uninterrupted.

  • Business Wire3 months ago

    PHI, Inc. Issues Update Statement on Its Review Process

    PHI, Inc. ; PHIIK ) issued today the following statement:

  • GlobeNewswire3 months ago

    Major PHI, Inc. Shareholder Issues Open Letter to Management

    LA PORTE, Ind., Feb. 19, 2019 -- One of PHI, Inc.'s largest shareholders, Timothy Stabosz, who owns roughly 11% of the company's non-voting (PHIIK).

  • Business Wire6 months ago

    PHI, Inc. Announces Results for the Third Quarter Ended September 30, 2018

    PHI, Inc. PHIIK ) today reported financial results for the quarter ended September 30, 2018.

  • Business Wire7 months ago

    PHI Terminates Tender Offer for Its 5.25% Senior Notes Due 2019

    PHIIK (non-voting)) announced today that it has terminated its previously-announced cash tender offer (the “Tender Offer”) to purchase any and all of the $500 million aggregate principal amount of its outstanding 5.25% Senior Notes due March 2019 and its related consent solicitation (the “Solicitation”), both of which were initially announced on June 18, 2018. This press release constitutes a formal termination of the Tender Offer and Solicitation, and a formal notification that the Company will not accept for purchase any 5.25% Senior Notes tendered in connection with the Tender Offer. The Company reserves the right to initiate a new tender offer or to purchase its outstanding bonds in the open market at a later date if conditions in the financing markets improve, but is under no obligation to do so.

  • Business Wire7 months ago

    PHI, Inc. Announces Additional Extension of Expiration Time for Tender Offer and Consent Solicitation

    PHIIK (non-voting)) (“PHI”) announced today that it is further extending the expiration time of its previously-announced cash tender offer (the “Tender Offer”) to purchase any and all of the $500 million aggregate principal amount of its outstanding 5.25% Senior Notes due 2019 (the “2019 Notes”) and its related consent solicitation (the “Solicitation”) to adopt certain proposed amendments to the indenture under which the 2019 Notes were issued. The expiration time applicable to the Tender Offer and Solicitation, previously scheduled for 5:00 p.m., New York City time, on October 5, 2018, has been extended to 5:00 p.m., New York City time, on October 12, 2018, unless further extended or earlier terminated.

  • Business Wire8 months ago

    PHI Provides Update on Its Refinancing and Strategic Plans

    PHIIK (non-voting)) announced today several steps related to its long-term financial and strategic positioning, including the refinancing of its senior secured revolving credit facility and a review of the Company’s potential strategic alternatives. The proceeds of this loan were used to repay and terminate the Company’s senior secured revolving credit facility (the “Terminated Facility”) and to cash collateralize letters of credit that will remain outstanding. The loan from Mr. Gonsoulin’s affiliate is guaranteed by two of the Company’s principal subsidiaries.

  • Business Wire9 months ago

    PHI, Inc. Announces Results for the Second Quarter Ended June 30, 2018

    PHI, Inc. PHIIK ) today reported financial results for the quarter ended June 30, 2018.

  • Business Wire10 months ago

    PHI, Inc. Announces Extension of Expiration Time for Tender Offer and Consent Solicitation

    PHIIK (non-voting)) (“PHI”) announced today that it is extending the expiration time of its previously-announced cash tender offer (the “Tender Offer”) to purchase any and all of the $500 million aggregate principal amount of its outstanding 5.25% Senior Notes due 2019 (the “2019 Notes”) and its related consent solicitation (the “Solicitation”) to adopt certain proposed amendments to the indenture under which the 2019 Notes were issued. The expiration time applicable to the Tender Offer and Solicitation, previously scheduled for 12:01 a.m., New York City time, on July 17, 2018, has been extended to 12:01 a.m., New York City time, on July 27, 2018, unless further extended or earlier terminated.

  • Business Wire11 months ago

    PHI, Inc. Announces Early Results of Tender Offer and Consent Solicitation for Its 5.25% Senior Notes Due 2019

    PHIIK (non-voting)) (“PHI”) announced today the early tender results of its previously-announced cash tender offer (the “Tender Offer”) to purchase any and all of the $500 million aggregate principal amount of its outstanding 5.25% Senior Notes due 2019 (the “2019 Notes”), which commenced on June 18, 2018. In connection with the Tender Offer, PHI also commenced a related consent solicitation (the “Solicitation”) to adopt certain proposed amendments to the indenture under which the 2019 Notes were issued that would eliminate most of the restrictive covenants and certain events of default contained in the indenture (the “Indenture Amendments”). According to information received from D.F. King & Co., Inc., PHI’s information and tender agent, as of 5:00 p.m., New York City time, on June 29, 2018 (the “Early Tender Time”), PHI had received tenders and consents from holders of 89.12% of the aggregate principal amount of its 2019 Notes.

  • Business Wire11 months ago

    PHI, Inc. Announces Cash Tender Offer and Consent Solicitation

    PHIIK (non-voting)) (“PHI”) announced today that it plans to commence a cash tender offer (the “Tender Offer”), subject to the terms and conditions to be described in PHI’s Offer to Purchase and Consent Solicitation Statement to be dated June 18, 2018 (the “Offer to Purchase”), to purchase any and all of the $500 million aggregate principal amount of its outstanding 5.25% Senior Notes due 2019 (the “2019 Notes”). The Tender Offer will expire at 12:01 a.m., New York City time, on July 17, 2018 (such date and time, as may be extended or earlier terminated, the “Expiration Time”). PHI intends to purchase the 2019 Notes in the Tender Offer using the net proceeds from PHI’s concurrently-announced private placement of up to $500 million aggregate principal amount of five-year senior secured notes (the “Debt Offering”), which is subject to market and other conditions, together with borrowings under an anticipated new term loan and cash on hand.

  • Business Wire11 months ago

    PHI, Inc. Announces Offering of Senior Secured Notes Due 2023

    PHIIK (non-voting)) (“PHI”) announced today that it is proposing, subject to market and other conditions, to privately place (the “Debt Offering”) up to $500 million aggregate principal amount of senior secured notes due 2023 (the “2023 Notes”). Each of PHI’s existing and future domestic restricted subsidiaries are expected to guarantee the 2023 Notes. The actual amount of the 2023 Notes, if any, sold by PHI in connection with the Debt Offering will depend on market conditions.