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TechnipFMC prices upsized $1B debt capital

Jan. 25, 2021 5:32 AM ETTechnipFMC plc (FTI) StockBy: Niloofer Shaikh, SA News Editor1 Comment
  • TechnipFMC plc (NYSE:FTI) -4.6% premarket, has priced upsized $1B (from $850M) of 6.500% senior unsecured notes due 2026 in a private offering.
  • Net proceeds together with cash on hand will be used to fully repay existing indebtedness and for working capital and

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