8-K current report · filed Jul 7, 2026

OCEANEERING INTERNATIONAL INC (OII) 8-K Current Report: July 7, 2026

Item 1.01Item 7.01OII overview

Short answer

OCEANEERING INTERNATIONAL INC (OII) filed an 8-K current report with the SEC on July 7, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement), Item 7.01 (Regulation FD Disclosure). $500M 6.875% senior notes issued, maturing July 15, 2034.

OCEANEERING INTERNATIONAL INC 8-K event analysis

AI summary of each reported item and its exhibits

Item 1.01 · Entry into a Material Definitive Agreement

  • $500M 6.875% senior notes issued, maturing July 15, 2034
  • Annual interest expense of approximately $34.4M before refinancing or repayment
  • Notes rank unsecured and equally with senior debt, but behind secured creditors’ collateral claims
  • Revolving facility increased from $215M to $345M, including $150M letter-of-credit capacity
  • Facility maturity extended from 2027 to 2031, with loan margins reduced by 0.25 percentage points

Item 7.01 · Regulation FD Disclosure

  • Financing condition for Oceaneering’s cash tender offer satisfied on July 6, 2026
  • Offering consummation enabled previously announced tender offer to proceed
  • Amendment entered and announced July 6, 2026
  • Exhibit 99.1 contains the related press release and amendment details

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