Horizon Wire
5.9.12
Horizon Lines, Inc. reported financial results for the fiscal first quarter ended March 25, 2012.
4.27.12
Horizon Lines today issued a statement from interim President and Chief Executive Officer Stephen H. Fraser in strong support of the Jones Act and all its requirements.
4.11.12
Horizon Lines, Inc. reported financial results for the fiscal fourth quarter ended December 25, 2011.
4.10.12
Horizon Lines, Inc. announced that it has completed transactions to substantially deleverage the Company’s balance sheet and terminate vessel charter obligations related to its discontinued trans-Pacific service.
4.4.12
Horizon Lines, Inc. has been awarded the “2011 Platinum Carrier Award” by home improvement retailer Lowe’s Companies Inc.
3.27.12
Horizon Lines, Inc. today announced that it has signed a restructuring support agreement with more than 96% of its noteholders to further deleverage the Company’s balance sheet in connection with and contingent upon a restructuring of the vessel charter obligations related to the Company’s discontinued trans-Pacific service.
3.27.12
Horizon Lines, Inc. today announced that it has signed a restructuring support agreement with more than 96% of its noteholders to further deleverage the Company’s balance sheet in connection with and contingent upon a restructuring of the vessel charter obligations related to the Company’s discontinued trans-Pacific service.
3.16.12
Horizon Lines notified holders of its Convertible Senior Secured Notes that a Fundamental Change occurred on March 11, 2012, as a result of its shares of common stock ceasing to be listed on the New York Stock Exchange.
3.7.12
Horizon Lines, Inc. issued a report presenting the company’s progress in pursuing environmental excellence through its ongoing “Green Initiatives.” The report describes the carrier’s efforts to mitigate environmental impact from shipping operations and intermodal transport.
2.16.12
Horizon Lines, Inc. today announced that it has established a record date for its 2012 annual meeting of stockholders.
2.8.12
Horizon Lines announced that one of its vessels enroute to Hawaii from the U.S. West Coast rescued three sailboat passengers, including a nine-year-old boy, adrift in stormy seas in the predawn hours of February 8, 2012.
1.27.12
Horizon Lines, LLC operating subsidiary has entered into an agreement with the U.S. Department of Justice, under which the ocean cargo carrier will plead guilty to two counts of providing federal authorities with false vessel oil record-keeping entries on a containership in the U.S. West Coast-Hawaii service.
1.11.12
Horizon Lines, Inc. announced that it has completed the mandatory debt-to-equity conversion of approximately $49.7 million of the company’s 6.00% Series B Mandatorily Convertible Senior Secured Notes.
12.8.11
Horizon Lines, Inc. announced that stockholders at the company’s special stockholders meeting on December 2, 2011, voted to approve, among other things, a 1-for-25 reverse stock split.
11.29.11
Horizon Lines, Inc. announced that it has entered into a settlement agreement with all of the remaining significant shippers who opted out of the Puerto Rico direct purchaser antitrust class action settlement.
11.14.11
Horizon Lines, Inc. will expand its Board of Directors to 11 members from eight, effective November 25, 2011. In conjunction with the expansion, seven new directors will be appointed and four of the existing eight directors will retire.
11.7.11
Horizon Lines, Inc. today reported financial results for the fiscal third quarter ended September 25, 2011.
10.24.11
Last Voyage of FSX Service from China Expected on November 2;
Final Sailings to Guam on November 8 and 10
10.19.11
Horizon Lines, Inc. today announced that its common stock will begin trading on the OTCQB Marketplace, effective October 20, 2011.
10.14.11
Horizon Lines, Inc. today announced that Joe Rodriguez has been named Vice President, Sales and Marketing, Eastern Region, for the company’s Horizon Lines, LLC operating subsidiary.
10.5.11
Horizon Lines, Inc. today announced that it has completed a comprehensive refinancing of the company’s entire capital structure.
10.4.11
Horizon Lines, Inc. disclosed that its previously announced exchange offer and consent solicitation expired on October 3, 2011. As of the expiration of the exchange offer, 99.3% of the Convertible Senior Notes had been tendered into the exchange offer and consent solicitation.
9.29.11
Horizon Lines, Inc. announced that it filed on September 29, 2011, an amendment to its Registration Statement on Form S-4 and an amendment to Schedule TO in order to (i) extend the exchange offer and consent solicitation until October 3, 2011, (ii) incorporate the information disclosed in the company’s Current Report on Form 8-K filed with the SEC today and (iii) make other updating and conforming changes.
9.28.11
Horizon Lines, Inc. today announced that it has extended the expiration date for its previously announced exchange offer and consent solicitation until 5:00 p.m., New York City time, on October 3, 2011 in order to allow sufficient time to address certain important administrative matters.
9.26.11
Horizon Lines, Inc. today announced that it has extended the expiration date for its previously announced exchange offer and consent solicitation until 5:00 p.m., New York City time, on September 27, 2011, unless further extended.
9.26.11
Horizon Lines, Inc. filed an amendment to its Registration Statement on Form S-4 and an amendment to Schedule TO in response to comments received by the Securities and Exchange Commission to (i) further clarify what exchange consideration holders of the 2012 convertible notes who are non-U.S. citizens will receive and (ii) make other updating and conforming changes.
9.20.11
Horizon Lines, Inc. announced that it filed on September 19, 2011, an amendment to its Registration Statement on Form S-4 and an amendment to Schedule TO relating to its previously announced exchange offer and consent solicitation for its $330.0 million of existing unsecured 4.25% convertible senior notes (“2012 convertible notes”).
9.16.11
Horizon Lines, Inc. announced that it filed on September 13, 2011, an amendment to its Registration Statement on Form S-4 and an amendment to Schedule TO relating to its previously announced exchange offer and consent solicitation for its $330.0 million of existing unsecured 4.25% convertible senior notes.
9.15.11
Horizon Lines, Inc. has been awarded the 2011 Quest for Quality Award from Logistics Management magazine and named a top Green Supply Chain Partner from Inbound Logistics magazine.
9.14.11
Horizon Lines, Inc. today announced that it has closed on a bridge loan facility of up to $25.0 million from certain of its 4.25% convertible
note holders, as part of the comprehensive refinancing agreement between the company and its
note holders announced late last month.