LOOP LLC - S&P Global Ratings’ Credit Research

LOOP LLC

LOOP LLC - S&P Global Ratings’ Credit Research
LOOP LLC
Published Oct 14, 2008
1345 words — Published Oct 14, 2008
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Dominant market share (13% of U.S. imports) as sole offshore oil port provider for deep-draft oil tankers in the Gulf of Mexico; Stable and predictable cash flows as well as minimal capital expenditures; and Added liquidity is available as investment-grade owners can suspend or reduce dividends. Canadian crude supply can displace long-haul barrels; and Geographic concentration of assets. The ratings on LOOP LLC reflect the company's dominant market share as operator of the Louisiana Offshore Oil Port and relatively stable and predictable cash flows. Weaknesses include the potential displacement of long-haul imports by Canadian crude supply and geographic concentration of assets. LOOP is strengthened further by the company's importance to its owners' daily operations and the throughput and deficiency (T&D)

  
Brief Excerpt:

RESEARCH LOOP LLC Publication date: 14-Oct-2008 Primary Credit Analyst: Aniki Saha-Yannopoulos, New York (1) 212-438-7847; aniki_saha-yannopoulos@standardandpoors.com Major Rating Factors Corporate Credit Rating A/Stable/A-1 Ratings...

  
Report Type:

Full Report

Ticker
3281Z
Issuer
LOOP LLC
GICS
Oil & Gas Storage & Transportation (10102040)
Sector
Global Issuers, Structured Finance
Country
United States
Region
United States
Format:
HTML HTML
Buy Now

Summary: LOOP LLC – 2009/04/27 – US$ 225.00

Summary: LOOP LLC – 2009/10/21 – US$ 225.00

Summary: LOOP LLC – 2010/04/30 – US$ 225.00

LOOP LLC's $70 Million Notes Are Rated 'A' – 2010/08/19 – US$ 150.00

LOOP LLC's $30 Million Bonds Are Rated 'A' – 2010/10/05 – US$ 150.00

Summary: LOOP LLC – 2008/10/14 – US$ 225.00

Summary: LOOP LLC – 2008/02/13 – US$ 225.00

LOOP LLC – 2007/08/03 – US$ 500.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "LOOP LLC" Oct 14, 2008. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/LOOP-LLC-676768>
  
APA:
S&P Global Ratings’ Credit Research. (). LOOP LLC Oct 14, 2008. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/LOOP-LLC-676768>
  
US$ 500.00
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