Hornbeck Offshore Service News
HORNBECK OFFSHORE SERVICES INC /LA Files SEC form 8-K, Other Events, Financial Statements and ExhibitsNov 18
COVINGTON, La., Nov. 18, 2013 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (HOS) ("Hornbeck" or the "Company") announced today that all of its outstanding 1.625% Convertible Senior Notes due 2026 (the "Notes") have been converted or redeemed. Holders of approximately $249.6 million in aggregate principal amount of the Notes elected to convert their Notes prior to the previously announced redemption date of November 15, 2013. The conversions of these Notes were settled based on the applicable conversion rate of 20.6260 shares of the Company's common stock per $1,000 principal amount of Notes, which equates to a conversion price of $48.48 per share, and on the volume-weighted average price of the Company's common stock during the Observation Period (as defined in the Indenture governing the Notes) of October 8, 2013 through November 11, 2013. The Company satisfied its conversion obligations to these holders by paying cash equal to the aggregate principal amount of the Notes converted and delivering shares of the Company's common stock in settlement of all conversion obligations in excess of the principal amount (except that the Company paid cash in lieu of issuing fractional shares).
HORNBECK OFFSHORE SERVICES INC /LA Files SEC form 8-K/A, Results of Operations and Financial ConditionNov 1
Todd M. Hornbeck Hey thank you, Ken. Good morning and welcome to our third quarter 2013 earnings conference call. With me this morning is Mr. Jim Harp, our CFO and today we’ll review our third quarter ...