Kirkland Advises W&T Offshore in Offering of $275 Million of New Senior Second Lien Notes

Kirkland & Ellis advised W&T Offshore Inc. (NYSE: WTI), an independent oil and natural gas producer, active in the exploration, development and acquisition of oil and natural gas properties in the Gulf of Mexico, in its offering of $275 million in aggregate principal amount of senior second lien notes at par, the proceeds of which will be used, together with cash on hand, to redeem all of the Company’s existing senior second lien notes.

Read W&T Offshore’s press release

The Kirkland team was led by capital markets partners Michael Rigdon and Billy Vranish and associates Sara Lampert, Nick Wetzeler and Bernadette Hayden and debt finance partner Jordan Roberts and associates Steven Keithley and Tommy Kagerer, with assistance from tax partner Mark Dundon and associates Courtney Loyack and Julia Ye.