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Home Icon > About Us > News > McDermott gets $560m cash boost

McDermott gets $560m cash boost

Houston-based offshore engineering firm McDermott International has secured $560m in new capital. The funds were provided via a series of transactions secured through commitments from certain existing lenders and shareholders. McDermott says the funds will strengthen its balance sheet and increased liquidity to provide financial flexibility for continued strong project execution and pursuit of new …

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Houston-based offshore engineering firm McDermott International has secured $560m in new capital. The funds were provided via a series of transactions secured through commitments from certain existing lenders and shareholders. McDermott says the funds will strengthen its balance sheet and increased liquidity to provide financial flexibility for continued strong project execution and pursuit of new …

[post_title] => McDermott gets $560m cash boost [post_excerpt] => Houston-based offshore engineering firm McDermott International has secured $560m in new capital. The funds were provided via a series of transactions secured through commitments from certain existing lenders and shareholders. McDermott says the funds ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => mcdermott-gets-560m-cash-boost [to_ping] => [pinged] => [post_modified] => 2021-01-06 04:36:09 [post_modified_gmt] => 2021-01-06 04:36:09 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=133795 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )