Hornbeck Offshore Services Inc.
Description
Offshore vessel supplier refinanced existing $200 million senior secured revolving credit facility with new, first-lien, delayed-draw credit facility with six-year term. It extends old facility’s maturity from February 2020 to June 2023. New facility will support working capital and general corporate purposes. PricewaterhouseCoopers Corporate Finance LLC was exclusive financial adviser. Legal advisers were Latham & Watkins LLP and Winstead PC.