Bracewell Advises Crédit Agricole Corporate and Investment Bank on Refinancing of McDermott International, Ltd Debt

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Bracewell LLP represented Crédit Agricole CIB on the successful refinancing of approximately $2.6 billion of letter of credit and term loan facilities in favor of McDermott International, Ltd (“McDermott”), a global engineering and construction business. The refinancing, which closed on March 25, 2024, amends and extends the facilities through June 2027.