Hornbeck Offshore Services, Inc. (the “Company”) announced that the company and certain of its subsidiaries entered into a restructuring support agreement (the “restructuring support agreement”) (effective April 13, 2020) with secured lenders holding approximately 83% of the company’s aggregate secured indebtedness and unsecured noteholders holding approximately 79% of the Company’s aggregate unsecured notes outstanding related to a balance sheet restructuring of the company to be implemented in the coming weeks through a voluntary pre-packaged Chapter 11 case in the United States Bankruptcy Court for the Southern District of Texas.  The parties to the restructuring support agreement agreed to certain customary terms and conditions including certain milestone dates, which milestones may be extended with the consent of the holders of a requisite amount of secured and unsecured indebtedness and the Company. By the consent of such holders and the company, the milestone date for commencement of solicitation of the plan (as defined in the restructuring support agreement) was extended to April 23, 2020 and the milestone date for the commencement of the chapter 11 Cases (as defined in the Restructuring Support Agreement) was extended to April 30, 2020.