Ares Provides $100MM in New Equity Capital as Hornbeck Emerges From Chapter 11
Hornbeck Offshore Services emerged from Chapter 11. As part of its plan of reorganization, Hornbeck also closed on its common stock rights offering, which resulted in a $100 million cash infusion of new equity capital led by the special opportunities funds of Ares Management.
September 11, 2020
Ares Management | Guggenheim Securities | Highbridge Capital Management | Hornbeck Offshore Services | Jackson Walker | Kirkland & Ellis | Portage Point Partners | Stretto | Todd M. Hornbeck | Whitebox Advisors | Winstead
Ellie Delany