Vinson & Elkins advised Black Mountain Acquisition Corp. in an upsized initial public offering of 24,000,000 units at a price of $10.00 per unit.
Vinson & Elkins advised Ellington Financial Inc. in connection with an underwritten public offering of 5,000,000 shares of common stock for total expected gross proceeds of $91.3 million, before underwriting fees and estimated offering expenses.
Vinson & Elkins advised Enviva Holdings, LP (“Enviva Holdings”) in a definitive agreement pursuant to which all of Enviva Holdings’ ownership interests were acquired by Enviva Partners, LP (“EVA”) and EVA’s incentive distribution rights were eliminated, all in exchange for 16 million EVA common units, representing total consideration of approximately $870 million based on EVA’s 20-day volume-weighted average price ending on October 13, 2021.
Vinson & Elkins advised New Process Steel, L.P., a metals solutions and distribution supply-chain management company headquartered in Houston, Texas, with a focus toward growing its value-added manufacturing applications, in the sale of a 45% minority equity interest to Steel Dynamics, Inc., one of the largest domestic steel producers and metals recyclers in the United States.
Vinson & Elkins advised TradeZero Holding Corp. in an agreement with Dune Acquisition Corporation, a special purpose acquisition company, for a business combination that would result in TradeZero becoming a publicly listed company.
Vinson & Elkins serves as initial purchasers’ counsel in connection with Bonanza Creek Energy, Inc.’s private placement to eligible purchasers of $400 million in aggregate principal amount of new 5.000% senior notes due 2026 at par.
Vinson & Elkins advised Rockcliff Energy Management II LLC in an offering of $700 million aggregate principal amount of 5.50% senior notes due in 2029.
Vinson & Elkins advised Acuity Eyecare Holdings, LLC, a portfolio company of Riata Capital Group, a Dallas-based private equity investment firm, in connection with a GP-led secondary transaction.
Vinson & Elkins advised ArcBest®, a leader in supply chain logistics, in its entry into a definitive agreement to acquire MoLo Solutions, LLC, a Chicago-based truckload freight brokerage.
Vinson & Elkins advised Live Oak Crestview Climate Acquisition Corp., a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, in connection with the closing of its initial public offering of 20,000,000 units at a price of $10.00 per unit.
Vinson & Elkins advised the initial purchasers in connection with an offering of $400 million of 4.750% senior secured notes by CNX Midstream Partners LP.
Vinson & Elkins advised EnCap Investments LP, a leading provider of growth capital to the independent sector of the U.S. energy industry, in a $300 million equity commitment to Sabalo Energy II, LLC, an upstream exploration and production company focused on the acquisition and development of large-scale unconventional oil and gas assets.