LNG

McDermott International, the US energy and liquefied natural gas project engineering company, has reached support agreements with more than 75 percent of secured letter of credit facility providers, funded debt creditors and equity holders stemming from its several years of debt woes.

McDermott International, the LNG and energy engineering company, has finalized $560 million in new capital through a series of transactions just a year after filing for Chapter 11 bankruptcy protection.