J. Ray McDermott & Co Bearer Bond - 1972

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J. Ray McDermott & Co Bearer Bond - 1972

J. Ray McDermott & Co Bearer Bond - 1972

J. Ray McDermott & Co Bearer Bond - 1972

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Vintage Stock Certificate

Product Code: SC1917

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Description

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This J. Ray McDermott & Co., Inc. Bear Bond was from 1972 and still has coupons 9-15 attached. J. Ray McDermott, now known simply as McDermott, provides engineering solutions to the Energy sector. McDermott was founded in 1923 in Eastland, Texas building drilling rigs for a wildcatter in Luling. Today they have over 40,000 employees and operate in over 50 countries. This convertible bond was issued for $1,000, paid 4 3/4%, and was due in 1987.