McDermott International Inc (NYSE:MDR) expects to file for bankruptcy in the next few weeks. The company is in discussions with Baupost Group LLC and HPS Investment Partners for a bankruptcy loan of $2 billion. The company will use the funds for continuing its regular operations. McDermott stock trades $0.67 (down 0.98%) on January 2, 2019. […]
McDermott International Inc (NYSE:MDR)
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