Bulletin: Hornbeck Offshore Services Ratings Unaffected By Shipyard Transactions With Superior Offshore - S&P Global Ratings’ Credit Research

Bulletin: Hornbeck Offshore Services Ratings Unaffected By Shipyard Transactions With Superior Offshore

Bulletin: Hornbeck Offshore Services Ratings Unaffected By Shipyard Transactions With Superior Offshore - S&P Global Ratings’ Credit Research
Bulletin: Hornbeck Offshore Services Ratings Unaffected By Shipyard Transactions With Superior Offshore
Published Jan 09, 2008
Published Jan 09, 2008
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Abstract:

NEW YORK (Standard&Poor's) Jan. 9, 2008--Standard&Poor's Ratings Services said today that its ratings and outlook on Hornbeck Offshore Services Inc. (BB-/Stable/--) are unaffected by Hornbeck's announcement that it has agreed to buy the Superior Achiever, a multipurpose support vessel currently being constructed by Merwede Shipyard in the Netherlands for Superior Offshore International Inc. At the same time, Superior Offshore contracted with Hornbeck for a five-year time charter on this vessel or another, similar one. Hornbeck also announced that it has added two more 240-foot offshore supply vessels to its construction program and purchased a leasehold interest adjacent to its HOS Port in Port Fourchon, La. Estimated total spending for all these transactions is about $190 million,

  
Report Type:

Bulletin

Ticker
HOSS
Issuer
GICS
Oil & Gas Equipment & Services (10101020)
Sector
Global Issuers
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Hornbeck Offshore Services Ratings Unaffected By Shipyard Transactions With Superior Offshore" Jan 09, 2008. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Hornbeck-Offshore-Services-Ratings-Unaffected-By-Shipyard-Transactions-With-Superior-Offshore-624914>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Hornbeck Offshore Services Ratings Unaffected By Shipyard Transactions With Superior Offshore Jan 09, 2008. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Hornbeck-Offshore-Services-Ratings-Unaffected-By-Shipyard-Transactions-With-Superior-Offshore-624914>
  
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