---
schema_version: "secwatch.filing_event.v1"
accession: "0000073756-26-000127"
form_type: "8-K"
ticker: "OII"
cik: "0000073756"
company_name: "OCEANEERING INTERNATIONAL INC"
filed_at: "2026-07-07T21:06:21+00:00"
generated_at: "2026-07-07T21:08:06.966249+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Oceaneering issues $500M 6.875% notes due 2034, expands revolver to $345M

## Summary
- Issued $500M of 6.875% Senior Notes due 2034 in private placement; interest payable Jan 15 and Jul 15 starting Jan 15, 2027.
- Notes are unsecured, rank equally with existing senior unsubordinated debt; redeemable at make-whole prior to Jul 15, 2029, then at specified premiums.
- Amended credit facility: commitments increased from $215M to $345M, maturity extended from 2027 to 2031, with ability to upsize by $85M.
- Credit facility includes $150M letter of credit sublimit; applicable margin reduced by 25 bps.
- Financing condition for previously announced cash tender offer satisfied on July 6, 2026.

## SEC filing metadata
- accession: 0000073756-26-000127
- form_type: 8-K
- ticker: OII
- cik: 0000073756
- company_name: OCEANEERING INTERNATIONAL INC
- filed_at: 2026-07-07T21:06:21+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/73756/000007375626000127/0000073756-26-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/73756/000007375626000127/oii-20260706.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000073756-26-000127
- JSON: https://secwatch.observer/filing/0000073756-26-000127.json
- Plain text: https://secwatch.observer/filing/0000073756-26-000127.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.