
Oceaneering International, Inc., founded in 1964 and headquartered in Houston, Texas, is a global provider of engineered services and products to the offshore oil and gas industry. The company specializes in advanced technologies, including remotely operated vehicles (ROVs), subsea intervention, and marine engineering solutions.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
OII 6.00% 2028-02-01 USDOceaneering International, Inc. | United States | 2028-02-01 | 6.000 | 5.40 |
OII 6.00% 2028-02-01 USDOceaneering International, Inc. | United States | 2028-02-01 | 6.000 | 5.66 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Oceaneering began issuing bonds in the late 1990s, with notable issuances supporting their expansion into the subsea services market. Their most recent bond offering in 2021 raised $350 million with a yield of 5.125%, positioning them competitively within the industry. The bonds are structured with a unique feature allowing for early redemption if certain performance metrics are met, reflecting the company's commitment to financial flexibility amid market fluctuations.