HubsBaker Botts Represents Tallgrass Energy GP, LP in Public Offering of 9,000,000 Class A Shares
Release
Deal Description: Tallgrass Energy GP, LP (NYSE: TEGP) ("TEGP") announced on November 17, 2016, that it priced an offering of 9,000,000 Class A shares representing limited partner interests sold by funds affiliated with Kelso & Company and The Energy & Minerals Group (the "Selling Security Holders") at $22.00 per share. The Selling Security Holders granted the sole underwriter a 30-day option to purchase up to an additional 1,350,000 Class A shares, which such underwriter exercised in full on November 18, 2016. TEGP will not receive any proceeds from the sale of the Class A shares in the offering. The offering is expected to close on November 22, 2016, subject to customary closing conditions.
Goldman, Sachs & Co. is acting as the sole book-running manager for the offering.
Baker Botts L.L.P. represented TEGP in the offering.
Baker Botts Lawyers/Office Involved:
• Corporate: Mollie Duckworth (Partner, Austin); Courtney Fore (Senior Associate, Austin); Jennifer Wu (Associate, Austin); Jude Dworaczyk (Associate, Houston)
• Tax: Mike Bresson (Partner, Houston); Jon Nelsen (Partner, Austin); Leah Patrick (Associate, Houston)
• Environmental: Scott Janoe (Partner, Houston); Samia Broadaway (Associate, Austin)
• Regulatory: Emil Barth (Special Counsel, Washington D.C.)
Goldman, Sachs & Co. is acting as the sole book-running manager for the offering.
Baker Botts L.L.P. represented TEGP in the offering.
Baker Botts Lawyers/Office Involved:
• Corporate: Mollie Duckworth (Partner, Austin); Courtney Fore (Senior Associate, Austin); Jennifer Wu (Associate, Austin); Jude Dworaczyk (Associate, Houston)
• Tax: Mike Bresson (Partner, Houston); Jon Nelsen (Partner, Austin); Leah Patrick (Associate, Houston)
• Environmental: Scott Janoe (Partner, Houston); Samia Broadaway (Associate, Austin)
• Regulatory: Emil Barth (Special Counsel, Washington D.C.)
For more information, please see TEGP's news release.
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