Hornbeck Offshore Completes Exchange Offer For $375M Of 5.875% Senior Notes Due 2020

Hornbeck Offshore Services HOS announced today that it has successfully completed its offer to exchange $375,000,000 aggregate principal amount of its outstanding 5.875% Series A Senior Notes due 2020 (CUSIPs 440543 AJ 5 and U44070 AD 9) (collectively, the "Old Notes"), which were issued in a private placement and sold in accordance with Rule 144A or Regulation S under the Securities Act of 1933 (the "Act"), for an equal aggregate principal amount of its 5.875% Series B Senior Notes due 2017 (CUSIP 440543 AL 0) (the "New Notes"). The issuance of the New Notes was registered under the Act. At the scheduled expiration time of 5:00 p.m., New York City time on August 27, 2012, $375,000,000 of aggregate principal amount, or 100%, of the Old Notes were tendered and accepted for exchange for New Notes by Hornbeck Offshore.