Chad Davis

Senior Associate

Chad Davis

New York

P: +1.212.408.2539 F: +1.212.259.2539
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Bank Financings - Borrower Representations

  • Chesapeake Energy Corporation - $4 billion secured revolving credit facility
  • Chesapeake Energy Corporation - $1.5 billion secured term loan facility
  • Atwood Oceanics, Inc. - $1.55 billion senior revolving credit facility secured by offshore drilling rigs.
  • Parker Drilling Company - $200 million secured revolving credit facility
  • Paragon Offshore plc - $800 million senior revolving and $650 million senior term loan credit facilities secured by offshore drilling rigs in connection with its spin-off from Noble Corporation
  • Seventy-Seven Energy, Inc. - $275 million senior asset-based revolving credit facility and $400 million senior secured term loan facility in connection with its spin-off from Chesapeake Energy Corporation
  • CST Brands, Inc. - amendment to $800 million syndicated senior secured revolving and term loan credit facility in order to permit acquisition of general partnership interests in CrossAmerica Partners LP
  • Offshore oil and gas services company - $250 million term loan financing the purchase of a well intervention vessel
  • Technology company - $50 million secured revolving credit facility

Debt Offerings and Private Placements

  • Chesapeake Energy Corporation - private offers to exchange approximately $3.8 billion aggregate principal amount of existing senior unsecured notes for $2.4 billion senior secured second lien notes
  • Linn Energy, LLC - privately negotiated exchanges of approximately $2.0 billion aggregate principal amount of existing senior unsecured notes for $1.0 billion senior secured second lien notes
  • Paragon Offshore plc - $1.08 billion private placement of senior notes in connection with its spin-off from Noble Corporation
  • Seventy-Seven Energy, Inc. - $500 million private placement of senior notes in connection with its spin-off from Chesapeake Energy Corporation
  • Cabot Oil & Gas Corporation - $925 million of senior unsecured notes
  • Initial purchasers - purchase of $1.45 billion of senior secured second lien notes of a public independent oil and natural gas company
  • Institutional investors - purchase of $150 million of guaranteed senior secured notes issued by a privately owned company in connection with the acquisition of a ship-building company
  • Private equity firm - purchase of up to $40 million in senior secured notes from an oil and gas company