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McDermott International secures $500 million in equity financing to strengthen its capital structure for continued growth.
PRIVATESep 21, 2026•about 3 hours ago
Amount Raised
$500 Million
Round Type
Venture - Series Unknown
HoustonEnergyOil And GasRenewable Energy
Description
McDermott International successfully completed a comprehensive refinancing transaction, including a backstopped $500 million equity financing. This move is part of a broader refinancing effort, which also includes a $550 million bond issuance. The company aims to leverage this financial strength to execute its global backlog and pursue growth opportunities. The refinancing demonstrates strong support from its shareholders and lenders.
Company Information
Company
McDermott International Ltd
Location
Houston, Texas, United States
About
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott's innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all.
Fundz sees it the moment McDermott International Ltd raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
HoustonEnergyOil And GasRenewable Energy