TechnipFMC completes tender offer for 6½% notes due 2026

Chicago, Oct. 8 – TechnipFMC plc announced that it has completed its tender offer to purchase up to $250 million of its $1 billion outstanding 6½% senior notes due 2026 (Cusip: 87854XAE1), according to a press release.

Noteholders tendered an additional $2,807,000 of their notes since the early tender deadline.

At the early deadline, $164,113,000 of the notes had been tendered.

The offer expired at 11:59 p.m. ET on Oct. 7.

All of the notes tendered are being accepted without proration.

Noteholders who tendered their notes will receive $1,075 per $1,000 note, plus interest from Aug. 1 to the settlement date.

The early tender premium was extended to the end of the offer.

The final settlement date is Oct. 12.

Citigroup Global Markets Inc. (800 558-3745 or 212 723-6106) and BofA Securities Inc. (980 388-3646, debt_advisory@bofa.com) are the dealer managers.

Global Bondholder Services Corp. (866 470-3700, 212 430-3774) is the information agent.

TechnipFMC is based in London and specializes in technologies and production systems for subsea, onshore/offshore and surface projects.

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