Regarded as one of the premier syndicated finance law firms worldwide, Vinson & Elkins’ industry-leading Finance team is consistently ranked among the top practices, both in terms of the number of deals handled and aggregate loan amounts.
We represent lead arrangers as well as borrowers, offering them insightful guidance and prompt, responsive service. Always current on market terms, trends, and evolving standards, our Finance lawyers employ creative and practical financing strategies involving a wide variety of capital sources, structures, and asset classes. V&E also ranks among the top law firms in the energy arena, making us particularly adept at advising on syndicated borrowing and lending arrangements for upstream, midstream, and downstream energy companies.
For lead arrangers, bank groups, financial institutions, corporate lenders, and businesses, we structure, negotiate, document, and close sophisticated and innovative syndicated and “club” finance transactions. Our lawyers are experienced with the full range of secured and unsecured financing arrangements, including:
Acquisition and leveraged finance
While we focus on syndicated credit facilities, intercreditor arrangements, and the restructuring of troubled loans, we also are highly experienced with derivatives and structured products. In addition, we regularly advise on day-to-day loan management issues, while supporting our clients’ long-term growth and investment goals. Our lawyers analyze loan-related risks and then structure finance arrangements understanding the need to balance lender security and borrower flexibility. We advise on all stages of loans, handling originations, distressed debt situations, refinancings, and exit strategies.
Highlighting our full-service capabilities, we collaborate with our Corporate, Securities, Real Estate, Energy, Restructuring & Reorganization, Regulatory, and Tax practices to assist clients regarding all forms of syndicated finance, including those involving multi-tranche and multiple currency credit facilities.
Anadarko Petroleum Corporation in a $2 billion syndicated unsecured 364-day revolving credit facility and five-year revolving credit facility
Oncor Electric Delivery Company LLC in a $2.4 billion revolving credit facility
Wells Fargo Bank, N.A. in a $2.5 billion revolving credit facility to Regency Energy Partners
FMC Technologies, Inc., as Borrower, in a syndicated, unsecured revolving credit facility in an aggregate principal amount of up to $2 billion
Sunoco Logistics Partners Operations L.P., as borrower, and Sunoco Logistics Partners L.P., as guarantor, in a $2.5 billion refinancing and upsizing of their revolving credit facility led by Citibank
JPMorgan Chase, N.A. in a $1.6 billion secured reserve-based revolving credit facility to Denbury Resources Inc.
MoneyGram International, Inc. in a $1.63 billion senior secured revolving and term loan facility to a public company with international operations engaged in the money transfer business
Midstates Petroleum Company, Inc. in a $750 million reserve-based credit facility in furtherance of the acquisition financing of approximately $620 million of producing properties and undeveloped acreage
Concho Resources Inc. in a $4 billion secured reserve-based revolving credit facility