Deutsche Bank Upgrades Hercules Offshore (HERO) to Hold

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Hercules Offshore (HERO) triggers limit-up, limit-down trading halt

November 9, 2015 2:17 PM EST

Hercules Offshore (NASDAQ: HERO) triggers limit-up, limit-down trading halt.

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Hercules Offshore (HERO) Completes Restructuring and Emerges from Bankruptcy

November 6, 2015 4:00 PM EST

Hercules Offshore (NASDAQ: HERO) announced today that it has completed its financial restructuring and emerged from Chapter 11, and funding of the Company's new $450 million senior secured credit facility has been completed.

"Today marks the beginning of a new chapter for Hercules. Proactively restructuring our balance sheet early in the cycle generated significant benefits for Hercules including substantial debt reduction and added liquidity that will... More