Vinson & Elkins Advises PureWest Energy, LLC in Connection with Issuance of Investment-Grade Rated Subordinated Notes
Vinson & Elkins advised PureWest Energy, LLC (the “Company”), a leading Rocky Mountain independent natural gas producer, in connection with the first-of-its-kind issuance of investment-grade rated subordinated notes out of two existing PDP well securitizations.
The subordinated notes we delivered to investors through repack transaction, and the proceeds constituted part of the merger consideration in connection with the sale of the Company.
The Vinson & Elkins team was led by partner Niels Jensen, senior associate Demi Hueth and associate Payton Hampton, with assistance from partner Tzvi Werzberger, counsel Carter Olson and Noelle Alix, senior associate Jennifer Bassett and associates Lily Marrs, Hayley Johnson, Coral O’Connor and Michelle Kraidman. Other key team members included partner Ron Nardini, counsel Peter Rogers and associates Mel Byun and Adi Louzon; partners John Grand, Ramey Layne and Robert Kimball, counsel Joanna Enns, senior associate David Latham and associates Nate Richards and John Sasso; partner Steve Abramowitz; counsel Elizabeth McIntyre and Brian Howard; and partner Shane Tucker and counsel Heather Johnson.
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 11 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.
For more information, please speak with our media contacts.