Paul Hastings LLP, a leading global law firm, announced today that the firm represented NuStar Logistics, L.P., a wholly owned operating subsidiary of NuStar Energy L.P. (NYSE: NS), in connection with its public offering of $300 million 6.75% senior notes due February 1, 2021, which closed on August 19, 2013.
Tags: Paul Hastings, LLP | HoustonAttorney Jeremy Mouton Joins Porter Hedges in Houston
Porter Hedges recently announced the recruitment of Jeremy Mouton. The partner is an important hire for the Houston firm’s Energy practice and bring years of experience in the Houston legal market.
Tags: Porter Hedges LLP | HoustonMcDermott Represents ArcLight Capital on $430 Million Dividend Recapitalization Term Loan B Facility
International law firm McDermott Will & Emery LLP represented ArcLight Capital Partners, LLC (“ArcLight”) in connection with a $430 million dividend recapitalization term loan B facility for Bronco Midstream Funding, LLC (“Bronco”). The transaction closed on August 15, 2013.
Tags: McDermott Will & Emery LLP | HoustonBofA Merrill Lynch Leads $175 Million IPO of World Point Terminals, LP
On Wednesday, August 14th, World Point Terminals, LP completed its initial public offering of 8,750,000 common units representing limited partner interests at the public offering price of $20.00 per common unit. World Point sold 3,871,750 common units and a subsidiary of the sponsor sold 4,878,250 common units in the offering. World Point also granted the underwriters a 30-day option to purchase up to 1,312,500 additional common units. After a six-day road show, the offering priced on August 8th, and the common units began trading on the New York Stock Exchange under the symbol “WPT” on Friday, August 9th.
Tags: HoustonBracewell Represents Sellers in Sale of $244 Million Cogeneration Power Plant
Bracewell & Giuliani, LLP represented Atlantic Power Corporation, John Hancock Life Insurance Company (U.S.A.) and Rockland Capital, LLC in their sale of Gregory Power Partners, L.P. to NRG Energy, Inc.
Tags: Bracewell LLP | HoustonBracewell Represents Spectra Energy with MLP Drop-down Transactions
Bracewell & Giuliani LLP is representing Spectra Energy with liability management and the financing elements of the company’s MLP drop-down transactions.
Tags: Bracewell LLP | HoustonPaul Hastings Represents Bank of Montreal in $500 Million Financing for WildHorse Resources II, LLC
Paul Hastings LLP, a leading global law firm, announced today that the firm represented BMO Capital Markets as sole lead arranger and sole bookrunner, and Bank of Montreal, as the administrative agent in connection with a $500 Million senior secured revolving credit facility for WildHorse Resources II, LLC.
Tags: Paul Hastings, LLP | HoustonPorter Hedges Grows Energy Practice with New Partner Jeremy Mouton
Jeremy Mouton has joined Porter Hedges as a partner in the Energy Section. His practice focuses on advising oil and gas companies on a variety of corporate, transactional and commercial matters, with an emphasis on upstream joint ventures, acquisitions and divestitures. He also represents consumer product, distribution chain, and technology companies in connection with joint ventures, acquisitions, divestitures, commercial contracts, project development, and other corporate and commercial matters.
Tags: Porter Hedges LLP | HoustonHeather M. Corken Joins Bracewell’s Houston Office as Environmental Partner
Bracewell & Giuliani LLP announced that Heather M. Corken has joined the firm’s Houston office as a partner in the environmental strategies practice. Corken focuses on energy-related environmental issuessuch asadvising clients on regulatory requirements, assisting them in the evaluation and negotiation of corporate and real estate transactions and representing them in environmental litigation and enforcement matters.
Tags: Bracewell LLP | HoustonSimpson Thacher Represents Wells Fargo in Connection with an Aggregate $1.3 Billion of Revolving Credit Facilities for EnerVest Preferred Holdings XIII
The Firm recently represented Wells Fargo in connection with an aggregate $1.3 billion of revolving credit facilities including the $715.0 million revolving credit facility for EnerVest Preferred Holdings XIII, L.P., the $10.0 million revolving credit facility for EnerVest Energy Institutional Fund XIII-WIC, L.P., and the $575.0 million revolving credit facility for EnerVest Institutional Fund XIII-A, L.P. EnerVest is one of the 25 largest oil and gas companies in the United States, with more than 27,000 wells across 16 states, 5.4 million acres under lease and more than $6 billion in proved and probable reserves.
Tags: Simpson Thacher & Bartlett LLP | Houston