
Wendy Trahan Salinas

Trammell Crow Center
2001 Ross Avenue
Suite 3900
Dallas, TX 75201





Wendy Trahan Salinas is an experienced and versatile tax attorney who focuses on taxable finance and other complex business transactions. In her taxable finance practice, Wendy advises borrowers and lenders on the tax implications of domestic and cross-border financing transactions. She has extensive experience in representing both public and privately held companies on transactions including bank credit facilities, mezzanine financings, derivatives, and project financings. She advises private equity funds in connection with debt and equity investments and other private equity transactions. She also advises public companies and lenders on bankruptcy restructuring transactions.
Wendy is Co-Managing Partner of V&E’s Dallas office, Co-Chair of the Partnership Admissions Committee, and helps lead the firm’s Women’s Initiative in the Dallas office and recruiting team for the University of Virginia School of Law.
Experience Highlights
Unit Corporation, a diversified, publicly-traded energy company engaged in oil and natural gas exploration and production, contract drilling, and midstream services, and its affiliates in connection with its prearranged chapter 11 bankruptcy cases involving the exchange of debt for debt, conversion of debt to equity, and preservation of net operating losses
A national bank (in its role as the agent for a $550 million secured lending facility to an upstream producer) in connection with the producer’s Chapter 11 bankruptcy restructuring and emergence in an Up-C structure
Bellatrix Exploration Ltd., a Canadian entity, as lead U.S. counsel in the recapitalization transaction involving the exchange of debt into debt and equity
Cloud Peak, a coal mine operator, in bankruptcy restructuring matters and the adoption of a NOL poison pill prior to the bankruptcy
EIG Global Energy Partners in its $375 million acquisition of volumetric production payments consisting of limited term overriding royalty interests in certain offshore mineral properties from Cox Oil Offshore and related entities
Talos Energy, a portfolio company of Apollo Global Management and Riverstone Holdings, in its $2.5 billion combination with Stone Energy, creating an offshore-focused E&P company
Ad hoc group of lenders holding approximately $175 million in senior secured term debt in the prepackaged chapter 11 bankruptcy cases of Pioneer Energy Services Inc. involving a convertible note with a bond hedge and a capital call
Columbia Pipeline Group, Inc. in its $2.75 billion offering of senior notes
Energy XXI Gulf Coast, Inc. in its $1.5 billion offering of senior secured notes
Underwriters to Halcon Resources Corporation in its $700 million offering of senior notes
Underwriters to Baytex Energy Corp. in its $1.2 billion offering of senior notes
Targa Resources Partners and Targa Resources Corp. in the $7.7 billion acquisition of Atlas Pipeline Partners and Atlas Energy
Cameron International Corporation in a $750 million unsecured revolving credit facility serving as a backstop for the Borrower’s commercial paper program
EIG Global Energy Partners in a mezzanine loan and equity co-investment in FourPoint Energy, an upstream oil and gas company
Highbridge Principal Strategies in connection with numerous mezzanine loans, secured term loans, and other structured investments to domestic and Canadian oil and gas producers
Barings LLC in a mezzanine loan to Greenleaf Power, an owner and developer of biomass power projects
An international private equity fund in connection with a $1.2 billion structured repurchase agreement transaction designed to finance the acquisition of a dynamic portfolio of loans
An international private equity fund in the formation of a loan origination venture with a bank holding company
St. Luke’s Episcopal Health System in its $1 billion transfer to the Catholic Health Initiatives
Private equity funds and related companies regarding FATCA compliance
Credentials
- University of Virginia, J.D., 2001 (Virginia Tax Review)
- Baylor University, B.B.A., Accounting summa cum laude, 1998 (Beta Alpha Psi; Alpha Kappa Psi)
- Selected to the Texas Rising Stars list, Super Lawyers (Thomson Reuters), 2008
- Legal 500 U.S., U.S. Taxes: Non-Contentious, 2019 and 2020
- The Best Lawyers in America© (BL Rankings, LLC), 2021
- Texas
- Deals & CasesJanuary 11, 2021
- Deals & CasesJanuary 6, 2021
- Deals & CasesJanuary 5, 2021
- Deals & CasesJanuary 4, 2021
- Deals & CasesDecember 24, 2020
- Deals & CasesDecember 22, 2020
- Deals & CasesDecember 1, 2020
- Deals & CasesDecember 1, 2020
- Deals & CasesNovember 17, 2020
- Deals & CasesNovember 10, 2020
- Deals & CasesNovember 9, 2020
- Deals & CasesNovember 6, 2020
- Deals & CasesOctober 15, 2020
- Deals & CasesOctober 1, 2020
- Deals & CasesSeptember 29, 2020
- Deals & CasesSeptember 29, 2020
- Deals & CasesSeptember 28, 2020
- Deals & CasesSeptember 22, 2020
- Deals & CasesSeptember 16, 2020
- Deals & CasesSeptember 3, 2020
- Deals & CasesAugust 21, 2020
- Rankings & AwardsAugust 20, 2020
- Deals & CasesAugust 18, 2020
- Deals & CasesAugust 17, 2020
- Deals & CasesAugust 11, 2020
- Deals & CasesJuly 31, 2020
- Deals & CasesJuly 16, 2020
- Deals & CasesJune 29, 2020
- Rankings & AwardsJune 16, 2020
- Deals & CasesJune 4, 2020
- Deals & CasesJune 4, 2020
- Deals & CasesMay 11, 2020
- Event RecapMay 6, 2020
- Deals & CasesApril 29, 2020
- Event RecapApril 22, 2020
- Deals & CasesMarch 30, 2020
- Event RecapMarch 17, 2020
- Deals & CasesFebruary 26, 2020
- Deals & CasesFebruary 20, 2020
- Deals & CasesFebruary 11, 2020
- Deals & CasesFebruary 10, 2020
- Deals & CasesJanuary 30, 2020
- Deals & CasesJanuary 13, 2020
- Deals & CasesJanuary 10, 2020
- Deals & CasesNovember 18, 2019
- International Tax DevelopmentsJune 25, 2019
V&E Tax Update
- Rankings & AwardsMay 30, 2019
- Deals & CasesMarch 21, 2019
- Deals & CasesMarch 14, 2019
- Deals & CasesMarch 8, 2019
- Deals & CasesOctober 18, 2018
- Deals & CasesSeptember 4, 2018
- Deals & CasesJuly 30, 2018
- Deals & CasesJune 27, 2018
- Deals & CasesJune 25, 2018
- Deals & CasesMay 22, 2018
- Deals & CasesMay 11, 2018
- Deals & CasesMay 10, 2018
- Deals & CasesMarch 23, 2018
- Deals & CasesMarch 22, 2018
- Deals & CasesJanuary 16, 2018
- Deals & CasesNovember 21, 2017
- “Debt Restructuring in a Turbulent Economy,” Tax Executives Institute – Houston Chapter Tax School, Houston, Texas, February 24, 2017