Clifford Chance Advises Frontera on $80M Bond Buyback
Clifford Chance Advises Frontera on $80M Bond Buyback. Clifford Chance has advised Frontera Energy on a strategic debt transaction involving a cash tender offer of up to $80 million for its 7.875% senior notes due 2028. The deal also included a consent solicitation, which enabled Frontera to implement key amendments to the bond’s covenant terms, […]
Clifford Chance Advises on $201M TXO Partners Offering
Clifford Chance Advises on $201M TXO Partners Offering. Clifford Chance has advised the underwriters in the public offering of 13,416,667 common units of TXO Partners, L.P., representing limited partner interests. The transaction generated approximately $201 million in gross proceeds, inclusive of the underwriters’ full exercise of their option to purchase additional units. The proceeds will […]
Paul Hastings Adds International Energy & Infrastructure Partners in Abu Dhabi
Paul Hastings Adds International Energy & Infrastructure Partners in Abu Dhabi. Paul Hastings LLP is continuing to grow its international energy and infrastructure bench with the arrival of Stefan Mrozinski and Habeeb Rahman as partners in its recently opened Abu Dhabi office. Both come from White & Case LLP and bring a wealth of experience […]
US Court of Appeals Sides with US Synthetic Corporation in Patent Dispute
US Court of Appeals Sides with US Synthetic Corporation in Patent Dispute. ChampionX Corporation (NASDAQ: CHX) announced that its subsidiary, US Synthetic Corporation, has achieved a major legal win. The U.S. Court of Appeals for the Federal Circuit (CAFC) reversed a previous decision by the International Trade Commission (ITC), which had ruled the company’s patent […]
Latham & Watkins Advises Royal Bank of Canada and The Toronto-Dominion Bank in Vermilion Energy’s US$1.075 Billion Acquisition of Westbrick Energy
Latham & Watkins Advises Royal Bank of Canada and The Toronto-Dominion Bank in Vermilion Energy’s US$1.075 Billion Acquisition of Westbrick Energy. Vermilion Energy Inc. has announced the execution of an arrangement agreement to acquire Westbrick Energy Ltd., a privately owned oil and gas entity operating within the Alberta Deep Basin, for a total consideration of […]
Kirkland & Ellis Advises Franklin Mountain Energy and Avant Natural Resources on $3.95 Billion Acquisition Deal with Coterra Energy
Kirkland & Ellis Advises Franklin Mountain Energy and Avant Natural Resources on $3.95 Billion Acquisition Deal with Coterra Energy. Kirkland & Ellis advised Franklin Mountain Energy and Avant Natural Resources on two agreements with Coterra Energy Inc. (NYSE: CTRA) for the acquisition of select assets totaling $3.95 billion. The deal includes $2.95 billion in cash […]