McDermott International in financing deal of up to $1.7 bln [Reuters]
MCDERMOTT INTL (MDR)
Last mcdermott intl earnings: 11/4 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
mcdermott-investors.com/phoenix.zhtml?c=96360&p=irol-calendar_pf
Company Research
Source: Reuters
McDermott International in financing deal of up to $1.7 bln - Reuters 2 Min Read Oct 21 (Reuters) - U.S. oilfield services company McDermott International Inc on Monday agreed with some of its lenders for additional funding of up to $1.7 billion, sending its shares up 25% in trading before the bell. Under the terms, the company said it would have immediate access to $650 million in financing, comprising $550 million under a term loan facility and $100 million under a letter of credit facility. “The agreement provides near-term liquidity for the company to manage working capital and provide performance guarantees on expected new awards,” Chief Executive Officer David Dickson said. The company said it intends to use the funds to finance working capital and support issuance of required performance guarantees new projects. The Houston-based company also withdrew its full-year forecast. It had previously forecast 2019 revenue of $9.5 billion and an adjusted loss of 32 cents per share. McDe
Show less
Read more
Impact Snapshot
Event Time:
MDR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MDR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MDR alerts
High impacting MCDERMOTT INTL news events
Weekly update
A roundup of the hottest topics