---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-240526"
form_type: "8-K"
ticker: "OII"
cik: "0000073756"
company_name: "OCEANEERING INTERNATIONAL INC"
filed_at: "2023-09-22T23:59:59+00:00"
generated_at: "2026-06-10T09:57:45.449692+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Oceaneering prices $200M add-on to 6.000% Senior Notes due 2028 at 91.5% of par

## Summary
- Issued $200M additional 6.000% Senior Notes due 2028, priced at 91.5% of par plus accrued interest.
- Notes form a single series with existing $300M notes issued Feb 2018; maturity Feb 1, 2028.
- Net proceeds to fund concurrent cash tender offer for up to $200M of 4.650% Senior Notes due 2024.
- Offering expected to close Oct 2, 2023; any excess proceeds to be used for general corporate purposes.
- J.P. Morgan Securities is initial purchaser representative and sole dealer manager for the tender offer.

## SEC filing metadata
- accession: 0001193125-23-240526
- form_type: 8-K
- ticker: OII
- cik: 0000073756
- company_name: OCEANEERING INTERNATIONAL INC
- filed_at: 2023-09-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/73756/000119312523240526/0001193125-23-240526-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/73756/000119312523240526/d379214d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-240526
- JSON: https://secwatch.observer/filing/0001193125-23-240526.json
- Plain text: https://secwatch.observer/filing/0001193125-23-240526.txt

## Key facts
- Material Agreements
  OCEANEERING INTERNATIONAL INC entered into Purchase Agreement for 6.000% Senior Notes due 2028 with J.P. Morgan Securities LLC valued at $200,000,000 aggregate principal amount of additional 6.000% Senior Notes due 2028 (effective 2023-09-21).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: J.P. Morgan Securities LLC
  - Value: $200,000,000 aggregate principal amount of additional 6.000% Senior Notes due 2028
  - Effective: 2023-09-21
  source text: On September 21, 2023, Oceaneering International, Inc. (“Oceaneering”) entered into a purchase agreement (the “Purchase Agreement”) with J.P. Morgan Securities LLC, as representative of the several initial purchasers named therein (the “Initial Purchasers”), under which Oceaneering agreed to issue and sell $200,000,000 aggregate principal amount of additional 6.000% Senior Notes due 2028 (the “2028 Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act.
  evidence_url: https://www.sec.gov/Archives/edgar/data/73756/000119312523240526/0001193125-23-240526-index.htm

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