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Prospect News home > News index > List of issuers T > Headlines for TechnipFMC plc > News item
Published on 1/19/2021 in the Prospect News High Yield Daily.

TechnipFMC to sell $850 million fixed-rate senior notes due 2026

By Devika Patel

Knoxville, Tenn., Jan. 19 – TechnipFMC plc intends to price $850 million of fixed-rate senior notes due 2026 (Ba1/BB+) in a Rule 144A and Regulation S offering, according to a press release.

Proceeds will be used to repay and terminate some of TechnipFMC’s debt and for working capital and general corporate purposes.

The oil and gas services company is based in London.


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