A private company in the issuance of over $100 million of asset-backed securities secured by operated producing oil and gas wells.
A private company in the issuance of over $200 million of asset-backed securities secured by operated producing oil and gas wells.
Valaris plc and 89 of its subsidiaries in their prearranged Chapter 11 cases, including in the equitization of $7.1 billion of prepetition funded indebtedness, the entry into a $500 million debtor-in-possession credit facility, and $500 million exit notes issuance. Valaris, which is incorporated in the United Kingdom, is the world’s largest offshore driller by fleet size, owning 67 drilling rigs and operating in every major offshore hydrocarbon basin throughout the globe.
NatureWorks, a leader in bioplastics manufacturing using renewable resources, on its entry into a $350 million revolving credit facility with a JPMorgan-led lender syndicate.
Vericast Corp. in its $2.6 billion refinancing of its term loan and note facilities.
Pritzker Private Capital and its portfolio company, ProAmpac, in its corporate financing matters, including ProAmpac’s $1.2 billion first lien term loan, $125 million first lien revolving loan, and $260 million of senior secured second lien floating rate notes.
Bison Oil & Gas Partners II, LLC, private exploration and production company backed by Carnelian Energy Capital Management, in its $155 million first lien term loan.
Guidon Operating LLC in the divestiture of all leasehold interests and related assets to Diamondback Energy, Inc. (NASDAQ: FANG) for a mixture of cash and shares of Diamondback common stock.
Energy Capital Partners Mezzanine Opportunities Fund A, LP in the creation of its superpriority senior secured debtor-in-possession credit facility in connection with Furie Operating Alaska, LLC’s voluntary chapter 11 filing.
YRC Worldwide Inc. in its $600 million refinancing of its term loan.
Salt Creek Midstream, LLC, a midstream partnership between Ares Management, L.P. and ARM Energy Holdings, LLC, in its $214 million mezzanine financing with Deutsche Bank Trust Company Americas.
Phoenix Services, LLC in its $30 million first lien loan with Stonebriar Commercial Finance LLC.
BlackRock Capital Investment Advisors, LLC and Siguler Guff & Company, LP in their $63 million capital commitment to Terracore Operating Company LLC.