Kirkland Advises Encino Acquisition Partners on Inaugural Bond Offering
Kirkland & Ellis advised Encino Acquisition Partners (EAP), an oil and gas exploration and production company and partnership between Encino Energy and the Canada Pension Plan Investment Board, on its inaugural 144A offering of $700 million in senior unsecured notes. The proceeds of the offering will be used to retire EAP’s second lien term loan and for general corporate purposes. EAP is the second-largest producer of oil and natural gas in Ohio and is headquartered in Houston, Texas.
The Kirkland team was led by capital markets partners Matt Pacey and Michael Rigdon and associates Atma Kabad, Logan Weissler and Christina Godard, debt partners Will Bos and Andy Veit, and tax partners Mark Dundon and Joe Tobias.