Events
Peter Bergan to Moderate Panel at TMT Finance USA 2026
Partner Peter Bergan will moderate a panel at TMT Finance USA 2026 on October 6 titled “How is Datacenter Powered …
October 6, 2026
October 6, 2026 • 1-minute read
Vinson & Elkins advised California Resources Corporation (“CRC”) in connection with an upsized private offering (the “Offering”) of $600 million in aggregate principal amount of its 8.250% senior unsecured notes due 2029.
The Company intends to use the net proceeds from the Offering, cash on hand, and borrowings under its revolving credit facility to repay the existing indebtedness of Aera Energy, LLC and its operating affiliate Aera Energy Services Company (together, the “Aera Companies”) in connection with the Company’s pending business combination with the Aera Companies. The Offering closed on June 5, 2024.
The Vinson & Elkins corporate team was led by partners Sarah Morgan, David Stone, and Scott Rubinsky and senior associate Layton Suchma, with assistance from associates Connor Rabalais, Cole Leveque, and Ronnie Braxton.
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 14 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 www.velaw.com or connect with us on LinkedIn.
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