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Vinson & Elkins announced today that it has expanded its global Finance practice group with the addition of partners David Berkery and Niels Jensen, who between them have advised many of the world’s leading financial institutions, investment banks, airlines, aircraft leasing companies and private investors on all aspects of the acquisition, leasing, financing and trading of aircraft. Joining them is a team of associates, including Demetria Hueth and Coral O’Connor, both from Milbank in New York. The group will be located in the firm’s New York office.

Vinson & Elkins advised the initial purchasers in connection with an offering by Summit Midstream Holdings, LLC and Summit Midstream Finance Corp. of $700 million aggregate principal amount of 8.50% Senior Secured Second Lien Notes due 2026.

Vinson & Elkins advised SOCAR Turkey, 100% owned subsidiary of State Oil Company of Azerbaijan Republic (“SOCAR”), in connection with a USD 1.3 billion equivalent syndicated loan facility to refinance its existing financial liabilities, on 13 August 2021.