News & Achievements

Kinetik Announces $500 Million Sustainability-Linked Senior Notes Offering Due 2028

Deals & Cases

Vinson & Elkins served as issuer’s counsel in connection with Kinetik Holdings’ offering of $500 million sustainability-linked senior notes due 2028 (the “Senior Notes”).

The Senior Notes were priced at par, and the Transaction closed on December 6, 2023. Concurrently with the closing of the Senior Notes offering, Kinetik Holdings entered into the First Amendment to its term loan credit facility, which among other things, extended the maturity to June 8, 2026. Vinson & Elkins served as Kinetik Holdings’ counsel in connection with the First Amendment.

The Vinson & Elkins corporate team was led by partners Scott Rubinsky, David Stone and Doug McWilliams and senior associate Alex Lewis with assistance from associates Autumn Simpson, Hope Kaady and Ashley Osborne. The Vinson & Elkins finance team was led by partner Darin Schultz and counsel Zach Rider with assistance from associates Taylor Daily, Joe Kmak, James Payne and Sydni Daniels. Also advising were partners Wendy Salinas, Lina Dimachkieh and Brian Russell and associates Adam Bateman and Jeff Slusher; partner Dario Mendoza and associates Mary Daniel Morgan and Cassandra Zarate; partner Matt Dobbins and associate Kelly Rondinelli; and partner Damien Lyster and associate Ryan Hoeffner.

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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