Phyllis Y. Young Partner

Experience

• Established a new investment structured as a debt facility for a leading capital management firm to finance a natural resources company and structured the related equity kicker. The structure of the investment was bespoke, based on specific company considerations and market terms.
• Represented an energy investment fund in connection with numerous reserve-based loan facilities to borrowers in the oil and gas exploration and production industry, as well as loan facilities to oilfield services companies.
• Represented leading commercial bank in connection with numerous secured, asset-based loans, including first lien and second lien structures.
• Represented administrative agent in connection with $500 million syndicated first lien credit facility for public exploration and production company.
• Advised a hydraulic fracturing company in securing financing to support the construction of pressure pumping equipment. The financing was critical to the client in meeting growing business demands.
• Counseled a designer and manufacturer in a debt refinancing involving the deleveraging of a debt facility. The matter involved multiple jurisdictions in the United States, Asia and Europe.
• Represented a public wholesale power, capacity and ancillary services company in connection with the refinancing of its $2.07 billion secured credit facility.
• Represented public company, as purchaser, in connection with $800 million acquisition from U.S. public company in the oil country tubular goods industry, and subsequent spin-off of interests to joint venture entity.
• Represented private equity firm in connection with acquisition of international deepwater oil and gas acreage and offshore licenses in Western Africa and spin-off to international oil and gas company.
• Represented global energy trading company in connection with $42.5 million acquisition of U.S. refinery assets.
• Represented leading commercial bank in connection with multiple private sale agreements and negotiation of auction agreement in connection with Chapter 7 liquidation of borrower.
• Represented stalking-horse bidder in connection with 363 sale of a manufacturer and supplier of tubular drilling tools in the downhole industry.
• Represented pipe distribution company in an international out-of-court restructuring of the company’s debt and principal commercial agreements.
• Represented bioethanol and biodiesel company in connection with exit facility and subsequent out-of-court restructuring of its first lien/second lien debt facilities.