Oceaneering prices cash tender offer for USD 500 million 6% senior notes due 2028 at USD 1,018.46 per USD 1,000 principal
Oceaneering International, Inc.
Oceaneering International, Inc. OII | 0.00 |
- Oceaneering priced a cash tender offer for any and all USD 500 million 6.000% Senior Notes due 2028.
- Purchase price set at USD 1,018.46 per USD 1,000 principal amount, based on a 40 bp spread to the 3.50% UST due Oct. 31, 2027.
- Offer set to expire June 30, 2026; settlement expected July 6, 2026; accrued interest payable on accepted tenders.
- Funding planned from proceeds of a contemporaneous senior notes offering; remaining notes targeted for redemption around July 25, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oceaneering International Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606301701BIZWIRE_USPR_____20260630_BW597617) on June 30, 2026, and is solely responsible for the information contained therein.
