Moodys Investors Service - Hornbeck Offshore Services Inc. (HOS) Hornbeck Offshore Services, Inc.: Update to credit analysis - Imminent risk of default

Report

Moody's Investors Service

EUR 234.38 For Business Accounts Only

Hornbeck Offshore Services, Inc.: Update to credit analysis - Imminent risk of default

Our credit view of Hornbeck reflecting the company's heightened risk of restructuring due to upcoming maturities

27/02/2020 7 EN

Underlying

Hornbeck Offshore Services Inc.

Hornbeck Offshore Services is a provider of marine transportation, subsea installation and accommodation support services to exploration and production, oilfield service, offshore construction and U.S. military customers. The company owns and operates a fleet of U.S.-flagged offshore supply vessels (OSVs) and multi-purpose support vessels (MPSVs). OSVs mainly serve exploratory and developmental drilling rigs and production facilities and support offshore and subsea construction, installation, inspection, repair and maintenance (IRM) and decommissioning activities. MPSVs, which also support the deepwater activities of the energy industry, are larger vessels that are mainly used for IRM activities.

See profile

US4405431069 United States

Provider

Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations

Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.

Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.

See profile

Other Reports on these Companies

Moody's Investors Service

Moody's downgrades Hornbeck's PDR to D-PD on bankruptcy filing

Rating Action: Moody's downgrades Hornbeck's PDR to D-PD on bankruptcy filing. Global Credit Research- 20 May 2020. New York, May 20, 2020-- Moody's Investors Service, downgraded Hornbeck Offshore Services, Inc.' s Probability of Default Rating to D-PD from Caa3-PD/LD following Hornbeck's May 19, 2020 voluntary filing of petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas.

EUR 168.75

May 20, 2020 May 20, 2020 5 EN

Moody's Investors Service

Moody's announces completion of a periodic review of ratings of Hornbeck Offshore Services, Inc.

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Hornbeck Offshore Services, Inc.. Global Credit Research- 08 Apr 2020. New York, April 08, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Hornbeck Offshore Services, Inc. and other ratings that are associated with the same analytical unit.

April 8, 2020 April 8, 2020 4 EN

Moody's Investors Service

Moody's changes Hornbeck's PDR to Caa3-PD/LD

Rating Action: Moody's changes Hornbeck's PDR to Caa3-PD/LD. Global Credit Research- 06 Apr 2020. New York, April 06, 2020-- Moody's Investors Service, appended Hornbeck Offshore Services, Inc.' s Probability of Default Rating with a "/ LD" designation to indicate the limited default in response to the company entering into a forbearance agreement with its lenders.

EUR 168.75

April 6, 2020 April 6, 2020 5 EN

Moody's Ratings assigns A1 to San Francisco Airport Commission CA's Second Series Revenue Refunding Bonds, Series 2024ABC; stable outlook

Moody's Ratings (Moody's) has assigned A1 to San Francisco Airport Commission, CA's approximately $966 million Second Series Revenue Refunding Bonds, comprised of the following: $823 million Series 2024A (AMT), $123 million Series 2024B (Non-AMT/Governmental Purpose) and $18 million Series 2024C (Fe...

EUR 168.75

12h / 23m 12h / 23m 1 EN

Hawaii (State of) Airport Enterprise: Update to credit analysis

Our credit view of this issuer reflects its strong market position, healthy traffic performance and sound financial flexibility.

EUR 234.38

12h / 48m 12h / 48m 1 EN

Moody's Ratings affirms Coca-Cola FEMSA's ratings, stable outlook

Moody's Ratings (Moody's) has today affirmed the A3 senior unsecured notes ratings to Coca-Cola FEMSA, S.A.B. de C.V. (KOF or Coca-Cola FEMSA). The outlook remains stable. The affirmation with a stable outlook reflects KOF's strong financial profile and the company's ability to manage costs and dr...

EUR 168.75

12h / 51m 12h / 51m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Hornbeck Offshore Services, Inc.: Update to credit analysis - Imminent risk of default

Moody's downgrades Hornbeck's PDR to D-PD on bankruptcy filing

Moody's announces completion of a periodic review of ratings of Hornbeck Offshore Services, Inc.

Moody's changes Hornbeck's PDR to Caa3-PD/LD

Moody's Ratings assigns A1 to San Francisco Airport Commission CA's Second Series Revenue Refunding Bonds, Series 2024ABC; stable outlook

Hawaii (State of) Airport Enterprise: Update to credit analysis

Moody's Ratings affirms Coca-Cola FEMSA's ratings, stable outlook

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe