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Re: Phoenix300 post# 1481

Tuesday, 01/21/2020 11:46:38 AM

Tuesday, January 21, 2020 11:46:38 AM

Post# of 1850
“As a result of the upcoming Chapter 11 filing, McDermott expects to be delisted from the New York Stock Exchange within the next 10 days. McDermott common stock will continue to trade in the over-the-counter marketplace throughout the pendency of the Chapter 11 process. The shares are proposed to be cancelled as part of McDermott's restructuring.”