Private Credit and Private Capital

• Brookfield Infrastructure Partners in a back-leveraged term loan B facility secured by a minority JV interest in a major trans-American pipeline. *
• Global Infrastructure Partners, a part of Blackrock, in connection with GIP’s $240 million HoldCo financing for DC BLOX that provides growth capital for DC BLOX’s hyperscale data center expansion strategy. *
• EOC Partners and other private credit lenders including Sixth Street and Stonepeak Credit in Northwind Midstream Partners LLC’s issuance of a new $700 million senior secured first lien term loan. *
• Sixth Street in connection with the agreement by affiliates of bp (“BPX”) to sell non-controlling interests in its Permian and Eagle Ford midstream assets to funds managed by investment firm Sixth Street for approximately $1.5 billion. BPX’s energy unit will continue to operate the assets, which include four central processing facilities in the Permian Basin that connect wells to third-party pipeline systems.* 
• Affiliates of Morgan Stanley Infrastructure Partners in connection with a strategic investment in Torch Clean Energy, a premier U.S.-based utility-scale solar and storage developer.*
• Apollo, in its capital commitment in Yondr Group to facilitate the continued buildout of Yondr’s portfolio of hyper scale data center facilities.*
• A fund managed by the BlackRock Global Infrastructure business and Capital Power Investments LLC for their announced joint purchase of the 1,092 MW Harquahala natural gas-fired generation facility in Maricopa County, Arizona.*
• A syndicate of direct lending financing sources in connection with a senior secured holdco delayed draw term loan facility for a major developer of hyperscale data centers to finance the construction of a 192MW data center facility in Ohio.*
• A leading global alternative asset manager dedicated to investing in digital infrastructure in connection with a senior secured holdco bridge term loan provided by an international direct lending institution to a portfolio company that owns and develops sustainable hyperscale data centers across Latin America.*
• A data center and cloud services provider offering infrastructure as a service (IaaS) with local operations across the United States that is a portfolio company of a leading global alternative asset manager dedicated to investing in digital infrastructure in connection with secured credit facilities provided by a club of private credit institutions.*
• Prominent private credit financing sources in a $650 million back leverage Holdco first lien loan against a minority interest in a joint venture. The involved operating company is an entity in the infrastructure space.*
• EOC Partners in its provision of a back-leverage holdco term loan facility to a private equity and infrastructure investor that is secured by a minority joint venture interest in a major Permian Basin midstream facility.*
• A leading energy-focused private credit fund in connection with a Holdco term loan to a sponsor-owned midstream company focused on developing, owning and operating off-spec gas infrastructure.*

Energy & Infrastructure and Oil & Gas

• JPMorgan, as lead arranger and administrative agent, in Expand Energy Corporation’s (f/k/a Chesapeake Energy Corporation) senior secured reserve-based revolving credit facility, with an initial borrowing base of $3.5 billion, commitments of $2 billion, and subsequent conversion into an investment grade credit facility pursuant to automatic investment grade fallaway provisions, together with a subsequent investment grade refinancing.*

• JPMorgan, as administrative agent, security trustee, and lead arranger, in connection with the committed revolving credit and term loan A financing for E.N. Bisso & Son, Inc.’s (“E.N. Bisso”) acquisition of Seabulk Towing, Inc. (“Seabulk Towing”) from Seabulk Towing Holdings Inc., a subsidiary of Seacor Holdings Inc. The transaction includes 12 harbor towing vessels (five of which are advanced rotor tugs) across ports in Florida and Alabama and represents all of Seabulk Towing’s operations in those states.*
• JPMorgan, as administrative agent and lead arranger, in connection with MRC Global Inc.’s new senior secured term loan B facility in an aggregate principal amount of $350 million.*
  Essential Utilities in a $500 million 364-day term loan credit agreement, the proceeds of which were used for general corporate purposes, to strengthen its liquidity and cash position, and to maximize its financial flexibility in light of the uncertainty surrounding the impact of the COVID-19 pandemic.*
• ILX Holdings II, a Riverstone portfolio company owning offshore oil and gas assets in the Gulf of Mexico, in a $250 million senior secured project finance term loan agreement, recipient of the North American 2017 Upstream Oil and Gas Deal of the Year from Infrastructure Journal Global.*
• Administrative Agents and Joint Lead Arrangers in connection with EPIC Y-Grade, LP’s financing in an aggregate principal amount of $1.145 billion which consisted of (i) a $1.075 billion senior secured term loan B and (ii) a $70 million super-priority revolving credit facility.*
• JPMorgan, as administrative agent and lead arranger, with respect to a $500 million asset-based revolving credit facility and related $2.05 billion secured high yield notes offering by NGL Energy Partners.*
• JPMorgan, as administrative agent and lead arranger, in connection with oil and gas property investor Double Eagle’s syndicated reserve based revolving credit facilities.*
• JPMorgan, as administrative agent, in the amendment and restatement of Noble Corporation plc’s existing senior secured revolving credit facility, providing for commitments of $550 million.*
• Bank of Montreal and Citi, as lead arrangers and administrative agents, in connection with three separate acquisitions by Ensign Natural Resources of a working interest located in the Eagle Ford Shale.*
• Citi, as lead arranger and administrative agent, in connection with a reserve-based revolving loan for Validus Energy to finance its acquisition of Ovintiv’s Eagle Ford assets for $880 million.*
• Two major American banks in commitment backstops under an existing RBL credit facility to provide the borrower with a liquidity bridge to two separate mergers of equals.*
• JPMorgan, as administrative agent and lead arranger, in connection with Callon Petroleum Company’s $2 billion senior secured revolving credit facility.*
• JPMorgan, as administrative agent, in connection with Jonah Energy’s $750 million second amended and restated reserve-based revolving credit facility and related balance sheet restructuring transactions, allowing Jonah Energy to reduce its overall debt balance by approximately $580 million.*
• Morgan Stanley, as administrative agent, in a $250 million second lien term loan for Sundance Energy and subsequent bankruptcy and comprehensive financial restructuring transactions, which was implemented through a pre-packaged chapter 11 plan and junior DIP facility.*
• Bank of Montreal, as administrative agent for the prepetition RBL lenders and DIP lenders, in connection with Lilis Energy’s chapter 11 cases.*
• Bank of Montreal, as administrative agent and lead arranger, in the $750 million exit facility in Halcón Resources Corporation’s (now Battalion Oil) financial restructuring and emergence from bankruptcy.*
• JPMorgan, as administrative agent, in the out-of-court restructuring of Yak Access.* 
• JPMorgan in its committed debt financing for Cactus, Inc.’s acquisition of FlexSteel Technologies Holdings, Inc.* 
  
   

 Consumer and Retail

• JPMorgan, as lead arranger and administrative agent, in Topgolf’s amended and restated $175 million revolving facility and $350 million term loan B facility.* 
• JPMorgan in the financing for Rent-A-Center’s acquisition of Acima, including an $875 million term loan B facility and $550 million ABL facility.*