McDermott International shares fell for a second day after reports that the company is negotiating with lenders ahead of a bankruptcy filing that could come within weeks.
The Houston-based company, which builds oil platforms and gas-export plants for energy companies, is in discussions with lenders including Baupost Group LLC and HPS Investment Partners LLC about providing a $2 billion bankruptcy loan, according to people with knowledge of the matter. McDermott shares dropped as much as 25% in early trading Tuesday.
Brazil Energy Insight 
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