Hornbeck Offshore is not done pushing back some of its upcoming debt maturities, the company's chief executive said.
After staving off bankruptcy during offshore's multi-year downturn, the Louisiana-based, New York-listed company has been working out deals to refinance or clear bonds coming due over the next three years — moves enabled by the sector's expected turnaround.
“We are now bridged to a market that’s coming very rapidly," Hornbeck Offshore chief executive Todd Hornbeck told TradeWinds.