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Published on 4/30/2009 in the Prospect News Bank Loan Daily.

Hornbeck borrows $10 million under revolving credit facility for construction payments

By Sara Rosenberg

New York, April 30 - Hornbeck Offshore Services Inc. drew down $10 million under its revolving credit facility this month for construction milestone payments, according to a news release.

The total amount outstanding under the revolver is currently $160 million.

Hornbeck is a Covington, La.-based provider of offshore supply vessels.


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