September 21, 2003
Hornbeck Offshore plans IPO
In the filing, Hornbeck said it expected to use proceeds from the offering to help fund construction of ocean-going double hulled tank barges, retrofit of existing vessels, future acquisitions and general corporate purposes.
The initial filing did not specify how many shares Hornbeck plans to offer in the IPO, or at what prices.
Goldman Sachs & Co., Jefferies & Company, Simmons & Company and Johnson Rice & Company will underwrite Hornbeck's IPO, according to the preliminary prospectus.