LOOP LLC's $70 Million Notes Are Rated 'A' - S&P Global Ratings’ Credit Research

LOOP LLC's $70 Million Notes Are Rated 'A'

LOOP LLC's $70 Million Notes Are Rated 'A' - S&P Global Ratings’ Credit Research
LOOP LLC's $70 Million Notes Are Rated 'A'
Published Aug 19, 2010
Published Aug 19, 2010
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Aug. 19, 2010--Standard&Poor's Ratings Services said today it assigned its 'A' rating to LOOP LLC's (A/Stable/A-1) proposed unsecured Deepwater Port Revenue Bonds offering of $70 million. The owner/operator of a deepwater oil port off the Louisiana coast intends to use the proceeds to build three to five 600,000-barrel crude oil storage facilities. As of June 2010, the company had $460.6 million in balance-sheet debt. RELATED CRITERIA AND RESEARCH Rating Criteria For U.S. Midstream Energy Companies, published Dec. 18, 2008. RATINGS LIST LOOP LLC Corporate Credit Rating A/Stable/A-1 New Rating $70 million unsecured revenue bonds A

  
Report Type:

Ratings Action

Ticker
3281Z
Issuer
GICS
Oil & Gas Storage & Transportation (10102040)
Sector
Global Issuers
Country
Region
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LOOP LLC's $30 Million Bonds Are Rated 'A' – 2010/10/05 – US$ 150.00

Summary: LOOP LLC – 2010/10/22 – US$ 225.00

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LOOP LLC – 2011/10/20 – US$ 500.00

Summary: LOOP LLC – 2011/10/20 – US$ 225.00

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

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

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

LOOP LLC – 2008/10/14 – US$ 500.00

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

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MLA:
S&P Global Ratings’ Credit Research. "LOOP LLC's $70 Million Notes Are Rated 'A'" Aug 19, 2010. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/LOOP-LLC-s-70-Million-Notes-Are-Rated-A-815593>
  
APA:
S&P Global Ratings’ Credit Research. (). LOOP LLC's $70 Million Notes Are Rated 'A' Aug 19, 2010. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/LOOP-LLC-s-70-Million-Notes-Are-Rated-A-815593>
  
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