Tim Taylor handles a wide variety of securities and corporate transactions. He represents both large and small companies in mergers and acquisitions. He also counsels issuers and underwriters in connection with public offerings and private placements of equity and debt securities.
Mr. Taylor advises clients, including utility companies, petrochemical companies and residential homebuilders, on compliance with federal securities laws. Additionally, he represents issuers and financial advisors in comprehensive debt and equity restructurings of publicly traded and privately held corporations and limited partnerships.
Related Experience
Mergers and Acquisitions
- CenterPoint Energy, Inc. (formerly Reliant Energy, Incorporated) and subsidiaries – $7.2 billion acquisition of Enable Midstream Partners, LP by Energy Transfer LP; $2.15 billion sale of Arkansas and Oklahoma natural gas LDC businesses; spin-off of Reliant Resources, Inc.; acquisition of NorAm Energy Corp.; sale of cable television operations
- Westlake Chemical Corporation – $2.15 billion acquisition of Boral Industries Inc.’s (wholly owned subsidiary of Boral Limited (ASX: BLD)) North American building products businesses (roofing; siding, trim and shutters; decorative stone; and windows); $277 million acquisition of LASCO Fittings, Inc., a Brownsville, Tennessee-based, leading designer, engineer and manufacturer of injected-molded PVC fittings from Aalberts, NV; $255 million acquisition of Eastman Chemical Company's polyethylene business and related assets
- Angel Brothers Holdings Corp. ― sale of Angel Brothers’ asphalt paving, concrete paving and construction services businesses to Texas Materials Group, Inc. (wholly owned subsidiary of CRH Americas Materials, Inc. (NYSE: CRH)) in an all-cash transaction
- El Paso Electric Company – $5.4 billion acquisition by an affiliate of the Infrastructure Investments Fund
- Kraton Performance Polymers, Inc. – $1.4 billion acquisition of Arizona Chemical Holdings Corporation
- Lyondell Chemical Company – $2.3 billion acquisition of Millennium Chemicals Inc.; $2.1 billion acquisition of CITGO's interest in LYONDELL-CITGO Refining LP
- Imperial Sugar Company – formation of Louisiana Sugar Refining, LLC joint venture (LSR); sale of Imperial Sugar's interest in LSR
- Houston Wire & Cable Company – purchase of Southwest Wire Rope LP and Southern Wire, LLC
- Wholesome Sweeteners, Incorporated – representation of owners in sale of equity interests
- DX Holding Company, Inc. – representation of co-owner of Colorado Salt Products, LLC joint venture
- Triad Hospitals, Inc. – legal counsel to the Special Committee of the Board of Directors in connection with $6.4 billion takeover
- Dixie Chemical Company, Inc. – representation of shareholders in sale of company to a private equity fund
- Century Asphalt – purchase of asphalt plants and related assets
- Pioneer Companies, Inc. – sale of chemical plants
Capital Market Transactions
- Dream Finders Homes, Inc. – $144 million initial public offering
- CenterPoint Energy, Inc. (formerly Reliant Energy , Incorporated) and subsidiaries – numerous debt and equity offerings aggregating over $15 billion, including offerings of investment grade debt securities, common stock, preferred stock, tax-exempt bonds, including tax-exempt bonds collateralized by first mortgage bonds, various specialty securities, including zero-premium exchangeable subordinated notes, automatic common exchange securities, trust preferred securities, first mortgage bonds, general mortgage bonds and term-enhanced remarketable securities
- Westlake Chemical Corporation – initial public offering; investment grade debt securities offerings; high yield debt securities offerings; debt exchange offers; equity offerings; tax-exempt bond offerings
- Cleco Corporate Holdings LLC (formerly known as Cleco Corporation) and Cleco Power LLC – numerous investment grade debt securities offerings and equity offerings; debt exchange offer; tax-exempt bond offerings; institutional private placement of debt securities
- LGI Homes, Inc. – two separate $300 million Rule 144A offerings of senior notes; $85 million Rule 144A offering of convertible notes and two ATM common stock programs
- CenterPoint Energy Houston Electric, LLC – $5.4 billion of securitized transition and system restoration bonds in five separate offerings
- Cleco Katrina/Rita Hurricane Recovery Funding LLC – $180 million offering of securitized storm recovery bonds
- El Paso Electric Company – $150 million public offering of senior notes; $125 million institutional private placement of senior notes
- Rio Grande Resources Trust II – $65 million private placement of guaranteed senior notes
- Kraton Performance Polymers, Inc. – $440 million Rule 144A offering of senior notes
- Deutsche Bank Securities – LGI Homes, Inc., initial public offering
- LyondellBasell Industries N.V. – debt offerings of $2.5 billion of senior unsecured notes; numerous secondary equity offerings involving proceeds of over $7.8 billion
- Goldman, Sachs & Co. – Pacific Drilling S.A., private placements of $1.5 billion of senior secured notes
- Sunnova Energy Corporation – preferred stock private placement
- Reliant Resources, Inc. – $1.8 billion initial public offering; tax-exempt bond offerings
- Goldman, Sachs & Co. – Calumet Specialty Products Partners, L.P., initial public offering and follow-on common unit offering
Awards & Community
Recognized as a Texas Super Lawyer (Thomson Reuters), 2014-2017
News
CenterPoint Energy, Inc.’s $500 Million ATM Program
Global Legal ChronicleGlobal Legal Chronicle
CDT Roundup: 17 Deals, 12 Firms, 256 Lawyers, $33.6B
The Texas LawbookThe Texas Lawbook
LGI Homes’ $400 Million Private Notes Offering
Global Legal ChronicleGlobal Legal Chronicle
CDT Roundup: 13 Deals, 9 Firms, 131 Lawyers, $4.8B
The Texas LawbookThe Texas Lawbook
Baker Botts Represents LGI Homes, Inc. in $400 Million Private Offering of Unsecured Senior Notes
CDT Roundup: 23 Deals, 17 Firms, 230 Lawyers, $6.4B
The Texas LawbookThe Texas Lawbook
CenterPoint Energy Houston Electric’s $500 Million General Mortgage Bond Offering
Global Legal ChronicleGlobal Legal Chronicle
Baker Botts Represents CenterPoint Energy Houston Electric, LLC in $500 Million General Mortgage Bond Offering
CenterPoint Energy, Inc.’s $400 Million Senior Notes Offering
Global Legal ChronicleGlobal Legal Chronicle
CDT Roundup: 19 Deals, 13 Firms, 184 Lawyers, $9.7B
The Texas LawbookThe Texas Lawbook
Baker Botts Represents CenterPoint Energy, Inc. in $400 Million Offering of Senior Notes
Baker Botts Represents CenterPoint Energy, Inc. in $1 Billion Convertible Senior Notes Offering
CDT: 2023 Capital Markets Transactions
The Texas LawbookThe Texas Lawbook
CDT Roundup: 16 Deals, 12 Firms, 172 Lawyers, $5.4B
The Texas LawbookThe Texas Lawbook
SIGECO’s $341 Million Bonds Offering
Global Legal ChronicleGlobal Legal Chronicle
Baker Botts Represents Southern Indiana Gas and Electric Company in $341.45 Million Offering of Securitization Bonds
CenterPoint Energy Resources Corp.’s $300 Million Senior Notes Reopener Offering
Global Legal ChronicleGlobal Legal Chronicle
CDT Roundup: 20 Deals, 17 Firms, 195 Lawyers, $3.3B
The Texas LawbookThe Texas Lawbook
Baker Botts Represents CenterPoint Energy Resources Corp. in $300 Million Senior Notes Reopener Offering
CDT Roundup: 15 Deals, 10 Firms, 141 Lawyers, $8.8B
The Texas LawbookThe Texas Lawbook
Baker Botts Represents CenterPoint Energy Houston Electric, LLC in $900 Million General Mortgage Bond Offering, Including Inaugural Green Bond Tranche Supporting CenterPoint Energy, Inc.'s Net-Zero Emissions Goals
Baker Botts Represents CenterPoint Energy Resources Corp. in $1.2 Billion Offering of Senior Notes
Kansas Gas Service's $336 Million Offering of Utility Securitization Bonds
Global Legal ChronicleGlobal Legal Chronicle
Baker Botts Represents Kansas Gas Service in $336 Million Offering of Utility Securitization Bonds
Cleco Power’s $425 Million Offering of Utility Securitization Bonds
Global Legal ChronicleGlobal Legal Chronicle
CDT Roundup: 15 Deals, 13 Firms, 146 Lawyers, $6.1B
Texas Lawbook, TheTexas Lawbook, The
Baker Botts Represents Cleco Power LLC in $425 Million Offering of Utility Securitization Bonds
CenterPoint Energy Resources Corp.’s $500 Million Offering of Senior Notes
Global Legal ChronicleGlobal Legal Chronicle
CDT Roundup: 17 Deals, 12 Firms, 123 Lawyers, $7.6B
Texas Lawbook, TheTexas Lawbook, The
Baker Botts Represents CenterPoint Energy Resources Corp. in $500 Million Offering of Senior Notes
CDT Roundup: 17 Deals, 13 Firms, 137 Lawyers, $6.8B
Texas Lawbook, TheTexas Lawbook, The
Baker Botts Represents CenterPoint Energy Houston Electric, LLC in $800 Million General Mortgage Bond Offering
The Top 10 M&A Deals of 2021
Texas LawbookTexas Lawbook
Baker Botts Represents Cleco Power LLC in $325 Million Private Offering of Senior Notes
CDT Roundup: 17 Deals, 139 Lawyers, 12 Firms, $13.67B
Texas Lawbook, TheTexas Lawbook, The
Baker Botts Represents Westlake Chemical Corporation in $1.7 Billion Senior Notes Offering
Baker Botts Advises Angel Brothers Holdings Corp. in Sale of Construction and Asphalt Businesses
CDT Roundup: 15 Deals, 12 Firms, 132 Lawyers, $3.92B
Texas LawbookTexas Lawbook
Westlake Chemical Corporation's $252.5 Million Acquisition of LASCO Fittings
Global Legal ChronicleGlobal Legal Chronicle
Baker Botts Advises Westlake Chemical Corporation in Acquisition of LASCO Fittings, Inc.
CDT Roundup: 10 Deals, 7 Firms, 83 Lawyers, $4.99B
Texas LawbookTexas Lawbook
Westlake Chemical Corporation
Global Legal ChronicleGlobal Legal Chronicle
CDT Roundup: 28 Deals, 8 Firms, 215 Lawyers, $16.8B
Texas Lawbook, TheTexas Lawbook, The
Deal Diary: A Modestly Mega Merger Monday
The DealThe Deal
Baker Botts Advises Westlake Chemical Corporation in $2.15 Billion Acquisition of Boral’s North American Building Products Businesses
Baker Botts Represents LGI Homes, Inc. in $300 Million Private Offering of Unsecured Senior Notes
CDT Roundup: 17 Deals, 12 Firms, 216 Lawyers, $10B
Texas Lawbook, TheTexas Lawbook, The
Baker Botts Represents CenterPoint Energy, Inc. in $1.7 Billion Senior Notes Offering
CDT Roundup: 21 Deals, 16 Firms, 125 Lawyers, $7.2B
Texas Lawbook, TheTexas Lawbook, The
Summit Utilities Acquires Arkansas, Oklahoma Assets from CenterPoint Energy
Texas Lawbook, TheTexas Lawbook, The
Deal Diary: CenterPoint Turns to Baker Botts on Asset Sale
The DealThe Deal
Morgan Lewis, Baker Botts Drive $2.15B Gas Systems Deal
Law360Law360
Baker Botts Advises CenterPoint Energy in $2.15 Billion Sale of Arkansas and Oklahoma Natural Gas LDC Businesses to Summit Utilities
CDT Roundup: 9 Deals, 9 Firms, 151 Lawyers, $8.8B
Texas Lawbook, TheTexas Lawbook, The
Energy Transfer to Acquire Enable Midstream in $7.2B Deal; Latham, V&E Advise
Texas Lawbook, TheTexas Lawbook, The
US Natural Gas Cos Combine In $7.2B Deal Built By 5 Firms
Law360Law360
Deal Diary: Energy Transfer Taps Latham on Enable
The DealThe Deal
CDT Roundup: 14 Deals, 8 Firms, 115 Lawyers, $8.15B
Texas Lawbook, TheTexas Lawbook, The
Dream Finders Homes' Initial Public Offering
Global Legal ChronicleGlobal Legal Chronicle
Baker Botts Represents Dream Finders Homes, Inc. in its Initial Public Offering
Luxury Fashion Retailer Leads $532M Pair Of IPOs
Law360Law360
Westlake Chemical Corporation's $300 Million Senior Notes Offering
Global Legal ChronicleGlobal Legal Chronicle
Baker Botts Represents Westlake Chemical Corporation in $300 Million Senior Notes Offering
CDT Roundup: 18 Deals, 16 Firms, 124 Lawyers, $5.63B
Texas Lawbook, TheTexas Lawbook, The
Baker Botts Represents CenterPoint Energy in 1.4 Billion Equity Investment
4 Firms Steer $1.4B Equity Injection For CenterPoint Energy
Law360Law360
CenterPoint Infused With Capital From Elliott, Investors
Activist Daily - The DealActivist Daily - The Deal
Thought Leadership
Strong 2021 Pushes Chemicals M&A Market to Potentially Reach Pre-Pandemic Levels in 2022
Client UpdatesEnergy Update
2021 - Traditional Energy Rebounds and Increased Energy Transition
Client UpdatesEnergy Update
2020 Year In Review and Energy Outlook: Disruption and Transition for the Energy Industry
Client UpdatesEnergy Update
Chemicals M&A Market Poised for a Rebound in 2021?
Client UpdatesEnergy Update
2019 - A Year of Change for Worldwide Energy
Client UpdatesEnergy Update
Events
Recent
33rd Annual Power and Gas M&A Symposium
Baker Botts is proud to be a sponsor at the 33rd Annual Power and Gas M&A Symposium on February 11 in New York.