Skip to content

Baytex Energy Announces Closing of $575 Million Private Placement Offering

Web Post

Vinson & Elkins advised Baytex Energy Corp. in connection with its private offering of $575 million aggregate principal amount of senior unsecured notes due 2032 (the “Notes”).

The Notes will bear interest at a rate of 7.375% per annum and mature on March 15, 2032. The Notes were priced at 99.266% of par value to yield 7.500% per annum. The offering closed on April 1, 2024.

The Vinson & Elkins corporate team was led by Partners Mike Telle and David Wicklund and Senior Associate Layton Suchma, with assistance from Associates Chandler Jones, Natalie Harrison, Cole Leveque and Rivers Stephens. Also advising were Partner Natan Leyva, Counsel Allyson Seger and Associate Steve Campbell; Partner Joe Lee, Senior Associate Mary Daniel Morgan and Associate Kenneth Strain; Partner Matt Dobbins and Associate Alyssa Sieja; and Partner Becky Baker and Associate Jordan Peck.


About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting or connect with us on LinkedIn.

For more information, please speak with our media contacts.