Heather L. Brown

Representative Matters

Represented a major integrated energy company in connection with the public spin-off of its crude oil and petroleum products refining, marketing and transportation, chemicals, and midstream businesses, including a $4 billion revolving credit facility, a $2.8 billion term loan facility, and a $5 billion bridge loan facility.

Represented the administrative agent in a $1billion plus secured term loan B and revolving credit facility in connection with the acquisition of a public E&P company, as well as financing for the subsequent spin-off of the borrower's OCS contracting business.

Represented the facility and collateral agent in a $440 million secured term and revolving credit facility to multiple subsidiaries of a "blank check" company for the acquisition and construction of drilling rigs.

Represented the administrative agent in a $300 million revolving credit facility to a newly-formed master limited partnership, secured by terminals, pipelines, and other logistics assets.

Represented the administrative and collateral agent in a secured $150 million first and second lien syndicated revolving credit and term loan facility for the acquisition of the assets of a division of a major international oilfield services company.

Represented the administrative agents in a $835 million multi-borrower, multi-currency credit facility and a related $200 million bridge facility to the parent company.

Represented the administrative agent in a $175 million secured term loan facility for a bankruptcy-remote entity formed to finance the installation of digital cinema equipment and monetize payment streams from movie studios with respect to digital releases.

Represented the borrower in a $350 million exit facility and related refinancings of reimbursement obligations for multiple tax-exempt bond issuances.

Represented the borrower, a merchant energy company, in securing $6.2 billion of previously unsecured new and restructured credit facilities with blanket liens on all available assets, including the subsequent imposition of a collateral trust structure in connection with further restructuring and additional indebtedness.

Represented a major international energy company in the negotiation and documentation of arrangements for capacity on an LNG terminal expansion project, including related pipeline take-away capacity.

Represented a commodities trading company in arrangements for the purchase and optional resale, in-pipeline, of greater than 100,000 barrels per day of refined petroleum products, and related credit support and transportation arrangements.

Represented an international lender in multiple commodity repurchase transactions, including development of form documentation for such transactions.

Represented the seller in the restructuring of a power purchase agreement on a QF facility into a market-based rate power purchase agreement to be monetized, including all related supply arrangements.