Vinson & Elkins advised Enviva Partners, LP in a tack-on private placement to eligible purchasers of $150.0 million in aggregate principal amount of 6.5% senior unsecured notes due 2026 at an offering price of 103.75% of the principal amount, which implies an effective yield to worst of approximately 5.3%. The offering closed on July 15, 2020.
Julia Petty has joined Vinson & Elkins as counsel in the firm’s Executive Compensation and Benefits practice in New York.
Petty, who comes to V&E from Kirkland & Ellis, focuses on executive compensation and benefits matters in connection with domestic and cross-border business transactions, including mergers and acquisitions, spin-offs and divestitures, public offerings and restructuring transactions.
Vinson & Elkins advised Southwest Airlines Co. in its application to and negotiation of agreements with the United States Department of the Treasury for payroll support funding under the Payroll Support Program of the CARES Act.
Vinson & Elkins advised CARBO Ceramics Inc. in an agreement with Wilks Brothers, LLC and Equify Financial, LLC (together, the “Wilks Brothers”) under which the Wilks Brothers will acquire CARBO Ceramics through a debt-for-equity exchange pursuant to a plan of reorganization in a Chapter 11 bankruptcy case.
Vinson & Elkins advised Lifesize, a global innovator of video collaboration and meeting productivity solutions, in connection with its merger with Serenova, a leading contact center-as-a-service (CCaaS) provider, creating a contact center communications and workplace collaboration company serving more than 10,000 customers worldwide.
Vinson & Elkins advised OneWater Marine Inc. in connection with its initial public offering of 5,307,693 shares of its Class A common stock at $12.00 per share, which includes the exercise in full by the underwriters of their option to purchase additional shares. The offering closed on February 11, 2020.
Vinson & Elkins served as issuer’s counsel in a transaction whereby Holly Energy Partners, L.P. and its wholly owned subsidiary, Holly Energy Finance Corp., finalized the terms of their previously announced offering of $500 million in aggregate principal amount of 5.0% senior notes due 2028 in a private placement under Rule 144A and Regulation S of the Securities Act of 1933, as amended to eligible purchasers.
Vinson & Elkins advised Alpine Income Property Trust, Inc. in connection with its initial public offering and related transactions. The IPO, which closed November 26, 2019, comprised 7,500,000 shares…
Law360 has named three Vinson & Elkins partners to its 2019 Rising Stars list, which honors outstanding attorneys under the age of 40.
Vinson & Elkins advised Covey Park Energy LLC, a privately held natural gas company with operations in the core of the Haynesville shale basin, in its acquisition by Comstock Resources, Inc. for…
Vinson & Elkins served as issuer’s counsel in Brigham Minerals, Inc.’s pricing of its upsized initial public offering of 14,500,000 shares of its Class A common stock at $18.00 per share.
Vinson & Elkins advised New Fortress Energy LLC in its initial public offering of 20,000,000 Class A shares representing limited liability company interests in New Fortress at $14.00 per share. The…