Summary: LOOP LLC - S&P Global Ratings’ Credit Research

Summary: LOOP LLC

Summary: LOOP LLC - S&P Global Ratings’ Credit Research
Summary: LOOP LLC
Published Oct 21, 2009
Published Oct 21, 2009
Price US$ 225.00  |  Buy this Report Now

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Abstract:

The ratings on LOOP LLC reflect the company's dominant market share as the sole offshore oil port operator for deep-draft oil tankers in the Gulf of Mexico. In addition, Standard&Poor's Ratings Services' ratings on the company take into account LOOP's relatively stable and predictable cash flows. Weaknesses include the potential displacement of long-haul imports by Canadian crude supply and geographic concentration of assets. We consider LOOP's importance to its owners' daily operations and the throughput and deficiency (T&D) agreements with its large, investment-grade owners as additional strengths. As of June 30, 2009, LOOP had about $508 million in debt, adjusted for operating leases and postretirement benefit obligations. We consider LOOP's business profile to be strong. LOOP owns and

  
Report Type:

Summary

Ticker
3281Z
Issuer
GICS
Oil & Gas Storage & Transportation (10102040)
Sector
Global Issuers
Country
Region
Format:
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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 – 2010/10/22 – US$ 225.00

Summary: LOOP LLC – 2011/04/28 – 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

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

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MLA:
S&P Global Ratings’ Credit Research. "Summary: LOOP LLC" Oct 21, 2009. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-LOOP-LLC-752771>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: LOOP LLC Oct 21, 2009. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-LOOP-LLC-752771>
  
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