Oceaneering prices $500M senior notes at 6.875% to refinance 2028 debt

Filed June 26, 2026 · Period ending June 24, 2026 · ~1 min read

Key Changes

• high

  Issued $500M of 6.875% senior notes due 2034 at par in private placement, expected to close July 6, 2026.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  Proceeds will fund tender offer for all outstanding 6.000% senior notes due 2028, extending maturity by six years while increasing coupon rate by 87.5 basis points.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Issued conditional redemption notice for all 2028 notes with July 25, 2026 redemption date, contingent on raising at least $500M from new offering.

  Item 8.01 — Other Events verify on EDGAR →