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CSI Compressco LP Announces Series Of Transactions To Strengthen Balance Sheet

CSI Compressco LP Announces A Series Of Transactions That Strengthen Its Balance Sheet And Releases Third Quarter 2021 Results Background Image

Vinson & Elkins advised CSI Compressco LP (“CSI”) in a series of transactions that enable CSI to redeem all its outstanding Senior Unsecured Notes due 2022, including raising $57 million in private placements of common units and CSI’s acquisition of the primary operating business of Spartan Energy Partners LP in an all equity transaction.

The V&E corporate team was led by partner Dave Oelman and senior associate Raleigh Wolfe, as well as associates Alex Lewis, Stuart Lawson, Zac Horne, Phil Greenfield and Patrick Reintjes. Other key team members included partners Bailey Pham and James Longhofer and associates Arthur Munoz and Ariel Guerrero-Stewart; partners Jim Meyer and Ryan Carney and associate Maddie Brown; and counsel Rajesh Patel and associate Alexa Chally.

About Vinson & Elkins
For more than 100 years, Vinson & Elkins has provided deep experience in handling transactions, investments, projects, and disputes worldwide. The firm is a trusted adviser to clients in the most important industrial and digital industries. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

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