E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/20/2020 in the Prospect News Distressed Debt Daily.

Hornbeck Offshore marks $8.98 million operating loss for June

By Caroline Salls

Pittsburgh, July 20 – Hornbeck Offshore Services, Inc. reported an $8.98 million operating loss for June on $12.15 million in revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of Texas.

The net loss for the month was $14.26 million.

In addition, the company had $89.63 million in cash and cash equivalents as of June 30.

Hornbeck is a Covington, La.-based provider of offshore supply vessels primarily in the Gulf of Mexico and Latin America. The company filed bankruptcy on May 19 under Chapter 11 case number 20-32679.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.