McDermott International, the beleaguered US contractor, has fired the starting gun on a financial restructuring process to strengthen its access to capital and enhance its liquidity position as it aims to ensure its long-term health.
McDermott begins vital restructuring after fresh concerns over financial health
Beleaguered US contractor hopes agreement with financial backers will ensure long-term future
8 September 2023 15:18 GMT
Updated
13 September 2023 11:54 GMT
By
in
London and New Delhi