Hornbeck Offshore Services (NYSE: HOSS ) files for bankruptcy to implement a previously announced pre-packaged Chapter 11 reorganization plan to cut debt. More news on: Hornbeck Offshore Services, Inc., Energy stocks news, Read more ...
COVINGTON, La., May 13, 2020 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (OTCQB:HOSS) (the "Company") announced today that it has launched a solicitation of votes from its lenders and unsecured noteholders in support of a prepackaged chapter 11 plan of reorganization (the "P...
Hornbeck Offshore Services ( HOSS -6.5% ) finalizes a restructuring support agreement with a majority of its secured and unsecured creditors, in addition to a $75M term loan in exchange for reaching certain milestones. More news on: Hornbeck Offshore Services, Inc., Energy stocks ...
COVINGTON, La. , April 14, 2020 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE:HOS, OTCQB:HOSS) (the "Company") announced today that the Company and certain of its subsidiaries have entered into a restructuring support agreement (the "Restructuring Support Agreement") with ...
Hornbeck Offshore Services (NYSE: HOSS ) discloses it is negotiating a plan with creditors to ease its $1.2B debt load that includes Chapter 11 bankruptcy . More news on: Hornbeck Offshore Services, Inc., Energy stocks news, Read more ...
Hornbeck Energy Services (NYSE: HOSS ) says it is scrapping its proposed out-of-court debt swap , after the oil price war and the coronavirus outbreak pushed crude prices to historic lows. More news on: Hornbeck Offshore Services, Inc., Energy stocks news, Read more ...
COVINGTON, La. , March 23, 2020 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS, OTCQB: HOSS) (the "Company") announced today that it has terminated its previously announced (i) private offers to exchange (the "Exchange Offers") any and all of its outstanding 5.875% Se...
Back at the end of 2019, I wrote that Hornbeck Offshore ( HOSS ) would have to enter restructuring proceedings in the first half of 2020, with a risk of a complete wipeout of the common equity. Slow recovery of the floater market in the U.S. Gulf of Mexico together with high debt levels and ...
Note: Hornbeck Offshore Services ( HOSS ) has been covered by me previously, so investors should view this as an update to my earlier articles on the company. Six weeks ago, I advised investors in Hornbeck Offshore Services to prepare for near-term debt restructuring and suggeste...
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COVINGTON, La., May 13, 2020 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (OTCQB:HOSS) (the "Company") announced today that it has launched a solicitation of votes from its lenders and unsecured noteholders in support of a prepackaged chapter 11 plan of reorganization (the "P...
COVINGTON, La. , April 14, 2020 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE:HOS, OTCQB:HOSS) (the "Company") announced today that the Company and certain of its subsidiaries have entered into a restructuring support agreement (the "Restructuring Support Agreement") with ...
COVINGTON, La. , March 23, 2020 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS, OTCQB: HOSS) (the "Company") announced today that it has terminated its previously announced (i) private offers to exchange (the "Exchange Offers") any and all of its outstanding 5.875% Se...