Ultra Petroleum Corp. and its affiliates in their comprehensive deleveraging and balance-sheet restructuring, accomplished through prepackaged Chapter 11 cases filed in the U.S. Bankruptcy Court for the Southern District of Texas and a parallel Canadian recognition proceeding filed in the Supreme Court of Yukon in 2020. Ultra is one of the largest oil and natural gas exploration and production companies in Wyoming.
Salt Creek Midstream in a comprehensive recapitalization, which included additional investments from its existing lender groups and funds managed by Ares Management.
McDermott International, Inc. and 225 of its subsidiaries and affiliates, including 107 foreign domiciled entities, in their prepackaged Chapter 11 cases in the U.S. Bankruptcy Court of the Southern District of Texas. McDermott is a premier, global upstream and downstream engineering, procurement, construction, and installation company and employs over 42,000 individuals across 54 countries and six continents. McDermott’s prepackaged Chapter 11 cases were confirmed in less than 60 days and contemplated a transaction that re-equitized the company, deleveraged over $4 billion of funded debt, preserved an unprecedented $2.4 billion in prepetition letters of credit, left trade claims unimpaired, and included a sale of McDermott’s Lummus technology business for $2.725 billion. McDermott emerged from Chapter 11 only five months after the petition date.
Brookfield Business Partners L.P., and certain of its affiliates and institutional partners in the acquisition by merger of the outstanding publicly held common units of Teekay Offshore Partners L.P. (NYSE:TOO).
Golden Gate Capital and Hillstone Environmental Partners, LLC in the $600 million sale of Hillstone to NGL Energy Partners LP.
Kodiak Gas Services, a portfolio company of EQT Infrastructure, in its acquisition of Pegasus Optimization Managers from affiliates of Apollo Natural Resource Partners.
Nesco, an industrial equipment rental business owned by Energy Capital Partners, in its $1.1 billion combination with Capitol Investment Corp. IV, a special purpose acquisition company.
Kodiak Gas Services, LLC and The Stephens Group, LLC in the sale of Kodiak to EQT Infrastructure.
A subsidiary of EPIC Midstream Holdings, LP, a company managed by affiliates of Ares Management LLC, in its acquisition of the Robstown NGL fractionation facility and associated pipeline near Corpus Christi, Texas, from Southcross Holdings Borrower LP.
LINN Energy in its reorganization of Roan Resources LLC, in which LINN Energy stockholders became stockholders of Roan Resources, Inc.
A PE-backed water infrastructure company with its acquisition financing for water wells and related assets.
Pine Brook Road Partners in its line of equity commitment to Ancova Midstream, LLC, an Oklahoma City, Oklahoma-based midstream development company focused on near-the-wellhead oil and gas infrastructure in the U.S. Mid-Continent.
Teekay Offshore Partners in its offering of $700 million of senior unsecured notes and its concurrent tender offer to repurchase $300 million of its outstanding senior unsecured notes.
A PE-backed water infrastructure company in connection with its credit facility used to finance an acquisition and for general corporate purposes and its subsequent credit facility upsizing.
Brix Oil & Gas Holdings, a Blackstone portfolio company, in connection with a development financing facility secured by its oil and gas assets.
Warburg Pincus in its $300 million capital commitment to Ridge Runner Resources LLC, a Midland-based exploration and production company focused on shale developments in the Delaware Basin.
Indigo Natural Resources in its private offering of $650 million of senior unsecured notes.
EIG Global Energy Partners LLC on its preferred equity investment in Rosehill Resources Inc.
