- Current report filing (8-K)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 16, 2010

TRICO MARINE SERVICES, INC.

(Exact name of registrant as specified in its charter)


Delaware	001-33402	72-1252405

(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


10001 Woodloch Forest Drive, Suite 610 The Woodlands, Texas		77380

(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (713) 780-9926

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01. Entry Into a Material Definitive Agreement

(a) On April 16, 2010, Trico Marine Services, Inc. (“Trico”) entered into the Tenth Amendment to Credit Agreement (the “Tenth Amendment”) by and among Trico, as borrower, Trico Marine Assets, Inc., a Delaware corporation, and Trico Marine Operators, Inc., a Louisiana corporation, as guarantors, Nordea Bank Norge ASA, Cayman Islands Branch, as a lender, and Nordea Bank Finland plc, New York Branch (“Nordea”), as administrative agent. The Tenth Amendment amends the Amended and Restated Credit Agreement dated as of August 29, 2008, as amended (the “Credit Agreement”), to (i) provide that under certain conditions (A) specified asset sales will not require a reduction in the Total Commitment (as defined in the Credit Agreement) and (B) Net Cash Proceeds (as defined in the Credit Agreement) from specified asset sales used to cash collateralize letters of credit will be returned to Trico and (ii) update a financial condition representation.

The preceding description of the Tenth Amendment does not purport to be complete and is qualified in its entirety by reference to the copy of the Tenth Amendment filed as Exhibit 10.1 to this report, which is incorporated herein by reference.

Relationships

Nordea serves as administrative agent, book runner and joint lead arranger under a credit agreement providing for up to $26,000,000 in revolving loans for which Trico Shipping AS, a Norwegian limited company and indirect wholly owned subsidiary of Trico, is the borrower.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.


Exhibit No.		Description

10.1		Tenth Amendment to Credit Agreement dated as of April 16, 2010, among Trico Marine Services, Inc., the guarantors party thereto, the lenders party thereto and Nordea Bank Finland plc, New York Branch as administrative agent.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 22, 2010


TRICO MARINE SERVICES, INC.
By:	/s/ Rishi A. Varma
	Name:	Rishi A. Varma
	Title:	Chief Operations Officer, Senior Vice President and General Counsel

EXHIBIT INDEX


Exhibit No.		Description

10.1		Tenth Amendment to Credit Agreement dated as of April 16, 2010, among Trico Marine Services, Inc., the guarantors party thereto, the lenders party thereto and Nordea Bank Finland plc, New York Branch as administrative agent.