Anthony Sanderson

High-Yield & Other Debt Offerings

• Initial purchasers in the offering of $400 million of senior notes by Blue Owl Credit Income Corp.
• Summit Midstream Holdings, LLC, a subsidiary of Summit Midstream Corporation (NYSE: SMC), in connection with its offering of $250 million of senior secured second lien notes
• Underwriters to Golub Capital BDC, Inc. (NASDAQ: GBDC) in its $150 million public offering of senior notes
• Underwriters to Blue Owl Capital Corporation (NYSE: OBDC) in its $400 million public offering of senior notes
• Underwriters to Exxon Mobil Corporation (NYSE: XOM) in its $172 million public offering of floating rate notes due 2074
• Summit Midstream Holdings, LLC, a subsidiary of Summit Midstream Partners, LP (NYSE: SMLP), in connection with its offering of $575 million of 8.625% senior secured second lien notes due 2029 and concurrent tender offer for certain of its outstanding notes
• Civitas Resources, Inc. (NYSE: CIVI) in its dual tranche 144A/Reg S offering of $2.7 billion in senior unsecured notes
• Railworks Holdings, LP and Railworks Rally, Inc. on their inaugural private offering of $325 million of 8.250% senior secured second lien notes due 2028 in connection with the acquisition of RailWorks Corporation 
• Initial purchasers in the private offering of $1.6 billion 8.625% senior notes due 2030 by Weatherford International Ltd., a wholly owned subsidiary of Weatherford International plc (NASDAQ: WFRD), and the concurrent tender offer to repurchase $1.6 billion of its outstanding senior notes
• Initial purchasers in the private offering of $500 million 6.500% senior secured first lien notes due 2028 by Weatherford International Ltd., a wholly owned subsidiary of Weatherford International plc (NASDAQ: WFRD)
• Strathcona Resources Ltd. in its inaugural offering of $500 million of its 6.875% senior notes due 2026
• Empark, a Macquarie portfolio company, on its €575 million offering of senior secured notes and €100 million super senior revolving credit facility*
• Initial purchasers to Altice International in its $3 billion offering of senior secured notes*
• Initial purchasers to Vine Energy Inc. (NYSE: VEI), a Blackstone portfolio company, in its $950 million offering of senior notes*
• Initial purchasers to New Fortress Energy Inc. (NASDAQ: NFE) in connection with its $1.5 billion offering of senior notes and its $200 million revolving credit facility in a committed financing package for the acquisition of Hygo Energy Transition Ltd. and Golar LNG Partners LP*
• Oasis Midstream Partners LP (NASDAQ: OMP) in its inaugural senior notes offering of $450 million senior notes*
• A private homebuilder in its $400 million offering of senior notes*
• Initial purchasers to Aethon United in its inaugural $750 million offering of senior notes*
• Underwriters to Southwestern Energy Company (NYSE: SWN) in its $350 million public offering of senior notes*
• First Quantum Minerals Ltd. (TSX: FQM) on its $750 million offering of additional senior notes*
• Initial purchasers to Ithaca Energy’s $500 million offering of senior notes*
• Carlyle Global Credit and Park Square Capital in connection with their purchase of €210 million PIK notes issued in connection with a dividend recapitalization of a portfolio company of a leading private equity firm*
• Initial purchasers to Neptune Energy, a portfolio company of Carlyle, CVC and the China Investment Corporation (CIC), on its $300 million offering of additional senior notes*
• First Quantum Minerals Ltd. (TSX: FQM) on its $1.85 billion offering of senior notes*
• Vistra Corp. (NYSE: VST) on its $1 billion offering of senior notes and its related $1.7 billion cash tender offers*
• Initial purchasers to a leading coffee machine manufacturer on its offering of €550 million senior secured notes*

IPOs & Equity Offerings

• Talen Energy Corporation (NASDAQ: TLN) in its initial listing on the NASDAQ Global Select Market
• Underwriters to Vine Energy Inc. (NYSE: VEI), a Blackstone portfolio company, in its $346 million initial public offering of Class A common stock*
• Summit Midstream Corporation (NYSE: SMC) on its reorganization from a master limited partnership to a corporation
• Ramaco Resources, Inc. (NASDAQ: METC, METCB) in its public offering of 9.4 million shares of “tracking stock” as Class B common stock and reclassification of its existing common stock as Class A common stock
• Southwestern Energy Company (NYSE: SWN) and selling stockholders in connection with an underwritten secondary offering of 63,976,376 shares of common stock for gross proceeds to the selling stockholders of $328 million 
• Underwriters to Southwestern Energy Company (NYSE: SWN) in its $158 million public offering of common stock*
• Petra Diamonds, a rough diamonds producer listed on the London Stock Exchange, on the U.S. securities law aspects of its $178 million equivalent fully underwritten rights issue*

Mergers & Acquisitions

• Constellation Energy Corporation (NASDAQ: CEG) in its pending $26.6 billion acquisition of Calpine Corp.
• Gogo Inc. (NASDAQ: GOGO) in its acquisition of Satcom Direct, an in-flight connectivity provider serving the business aviation and military/government mobility markets
• SM Energy Company (NYSE: SM) in its $2.55 billion acquisition of Uinta Basin assets from XCL Resources, LLC, and Northern Oil and Gas, Inc. (NYSE: NOG) in its concurrent $510 million acquisition of an undivided 20% stake of the oil and gas assets of XCL Resources, LLC
• Oaktree Capital Management in its pending $420 million acquisition of Ambac Assurance Corporation, the financial guarantee business of Ambac Financial Group
• GTCR in its $2.7 billion acquisition of AssetMark (NYSE: AMK), a provider of a wealth management technology platform for financial advisors
• Southwestern Energy Co. (NYSE: SWN) in its merger with Chesapeake Energy Corp. (NASDAQ: CHK) to create $24 billion combined company
• TG Natural Resources LLC in its $2.7 billion acquisition of Rockcliff Energy II LLC, an upstream natural gas company focused on the East Texas Haynesville shale
• Civitas Resources, Inc. (NYSE: CIVI) in its $2.45 billion definitive agreement to acquire oil producing assets in the Delaware Basin from Tap Rock Resources, a portfolio company of NGP Energy Capital Management
• Civitas Resources, Inc. (NYSE: CIVI) in its $2.25 billion definitive agreement to acquire oil producing assets in the Midland Basin from Hibernia Energy III, a portfolio company of NGP Energy Capital Management
• Inmarsat and its controlling consortium on the $7.3 billion combination with Viasat, Inc. (NASDAQ: VSAT)
• Ovintiv Inc. (NYSE: OVV) in its $4.275 billion acquisition of all leasehold interest and related assets of Black Swan Oil & Gas, PetroLegacy Energy and Piedra Resources, and the concurrent $825 million sale of its Bakken assets
• Riley Exploration Permian, Inc. (NYSE: REPX) in its $330 million acquisition of oil and gas assets in the Permian Basin from Pecos Oil & Gas, LLC
• Mas CanAm LLC in its $355 million sale of three renewable natural gas landfill assets to Kinder Morgan Inc.
• PropTech Investment Corporation II (NASDAQ: PTIC), a special purpose acquisition company, in its $575 million business combination with RW National Holdings (d/b/a Appreciate), the parent holding company of Renters Warehouse, an end-to-end Single Family Rental (SFR) marketplace and management platform 
• Indigo Natural Resources LLC in its $2.7 billion merger with Southwestern Energy Company (NYSE: SWN) 
• KKR on its investment in OutSystems, the global leader in low-code rapid application development, as part of a $360 million investment round (together with Goldman Sachs)*
• TowerBrook Capital Partners on its investment in ACPS, a German manufacturer of tow bars with operations in Europe and the Americas*
• A Big Four accounting firm on its purchase of certain assets from an identity and access management company based in Silicon Valley*

Restructurings & Liability Management Transactions

• Oaktree Capital Management in its $160 million million senior secured debt facility to B. Riley Financial, Inc. (NASDAQ: RILY), including warrants to purchase approximately 6% of the company’s common stock
• Unsecured creditor group of Talen Energy, one of the largest competitive power generation companies in North America, in connection with its Chapter 11 reorganization and $1.4 billion recapitalization led by the unsecured creditor group, which emerged as the new majority equity owners of the reorganized company
• Team, Inc. (NYSE: TISI), a global provider of integrated, digitally enabled asset performance assurance and optimization solutions, regarding ongoing financing restructuring efforts and strategic review of its capital structure, including Team’s entry into a $50 million delayed draw subordinated term loan facility 
• Jonah Energy in connection with its out-of-court restructuring, which deleveraged its balance sheet by approximately $580 million through a combination of transactions including a cash tender offer for its senior notes, the redemption of all non-tendered notes, a fully-backstopped equity rights offering to fund $85 million of new equity investment from all eligible existing noteholders, and entry into an amended and restated credit facility with an initial borrowing base of $750 million*

* Denotes experience prior to joining Kirkland.

Vinson & Elkins LLP, London & Houston

Sidley Austin LLP, London

Business Career Foundation Program, The Boeing Company