The Indicator from Planet Money Last year, Team Indicator bought a junk bond ! Gulf of Mexico and Latin America. See full list on moodys. Hornbeck Offshore Services, Inc. The company has the consent of a majority of bondholders but needs sky-high participation.
Institutional Ownership and Shareholders. Largest shareholders include. Morgan, Wells Fargo, and DNB Markets, according to sources. Pricing came in line with guidance and at the target size of $4million. Major shareholders can include individual investors, mutual funds, hedge funds, or institutions.
Back in December, the Indicator bought a junk bond — or two bonds, to be precise, worth a total of $600. HOS will get to $185mm and yes, those bonds tendered will have priority and collateral via a. The company is a provider of marine services to exploration and production, oilfield service. Aug HORNBECK Offshore Services has priced a $250m series of bonds at , an interest rate lower than was being projected by some market. Milbank Represents MGM China in $500M High Yield Bond Offering. Southern District of Texas.
We foster family bonds both on and off the vessel by hiring only the best crews, and. NYSE: HOS,OTCQB: HOSS) (the Company) announced today that it has terminated its previously announced (i) private. Jackson Walker LLP as co-counsel and conflicts counsel, filed June with the U. Bankruptcy Court in Houston.
First Lien Term Loan Agreement, comprised of $30. Becky, We Hardly Knew Ye. Tuesday to implement a prepackaged chapter plan. The largest unsecured creditor is Wilmington Trust National Association, which is owed $6million. Cross), a rental business that supplied winches and other heavy equipment for offshore vessels and platforms.
The winch was capable of lifting loads weighing up to 3tons and was to be installed on. Louisiana) engages in the provision of marine transportation services to exploration and production, oilfield service, offshore construction, and military customers. Ken Dennar Managing Partner. NYSE: HOS) (the Company) announced today that the Company has refinanced its existing $2million senior secured revolving credit facility (the Old Credit Facility) with a new first-lien delayed-draw credit facility providing for up to $3million.
The core of the deal outlined in a statement Friday is a debt exchange that would take out notes coming due this April and next year at deeply distressed prices. It owns and operates fleets of offshore support vehicles and multi-purpose support vehicles. The focus of their OSV business is on complex exploration and production activities, which include deepwater, deep well and other logistically demanding.
Raised on the banks of the Upper Mississippi in Cassville, Wis. Rewind I: A decades-long garage sale = Sears. Jeff has jobs listed on their profile. Perjantaina Yhdysvaltain Department of Justice vielä sekoitti pakkaa sulkemalla usean pokeripalvelun sivut ja nostamalla oikeusjutut palvelujen taustahenkilöitä vastaan, mikä vaikuttaa salkussani olevan Bwin.
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