Mayer Brown, a leading global law firm, represented Halcón Resources Corporation, an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States, in connection with the offering and issuance of $400 million in aggregate principal amount of its 9.75% senior unsecured notes due 2020. Barclays Capital Inc. and Wells Fargo Securities, LLC acted as the initial purchasers in the offering. The high yield notes will be treated as a single class of debt securities with the $750 million in aggregate principal amount of 9.75% senior unsecured notes due 2020, which the company issued in July 2012. The high yield bond offering is the fourth capital markets transaction on which lawyers of the firm have advised Halcón Resources Corporation in 2013, involving aggregate proceeds of more than $1 billion.
Tags: Mayer Brown LLPMonthly Archives: January 2014
Shearman & Sterling Advises on Republic of Panama’s $500 Million Bond Offering
Shearman & Sterling represented Citigroup Global Markets Limited and J.P. Morgan Securities LLC on the Republic of Panama’s $500,000,000 shelf takedown of its 5.200% Bonds due 2020.
Tags: Shearman & Sterling LLPWFW advises Seaspan on agreement to extend and refinance US$1 billion credit facility
Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has advised Seaspan Corporation (“Seaspan”) on its agreement to extend and refinance its $1.0 billion credit facility maturing in May 2015 until May 2019.
Tags: Watson, Farley & Williams LLPPinsent Masons advises Prosiect Gwyrdd on £1.1 billion residual waste project
International law firm Pinsent Masons has advised Prosiect Gwyrdd, a consortium of five local authorities in South Wales, on a £1.1 billion residual waste project – the first to be procured under the Welsh Government’s residual waste revenue support programme. Projects Senior Associate, Didar Dhillon, led a team advising the five procuring local authorities – Caerphilly, Cardiff, Monmouthshire, Newport and Vale of Glamorgan – on the 25 year deal. The deal is thought to be the largest PPP project to close in Wales to date. The project is expected to save the local authorities £11 million in the first year of operation and £500 million over its lifetime.
Tags: Pinsent Masons LLPEversheds Advises on a Billion Pound Waste PPP Contract
Global law firm Eversheds has advised Merseyside Recycling and Waste Authority on a thirty year waste treatment PPP contract, worth over £1 billion which has now reached financial close.
Tags: Eversheds Sutherland