People

Michael Mazidi Baker Botts Houston
Michael Mazidi
Senior Associate

Overview

Michael Mazidi represents public and private companies in mergers and acquisitions, securities offerings and general corporate matters. Michael also advises clients on securities compliance issues, including Exchange Act reporting.

Admissions & Affiliations

  • State Bar of Texas

Education

  • J.D., The University of Texas School of Law 2020
    Research Editor, Texas Review of Litigation
    Research Assistant for Professor Henry T.C. Hu
  • B.A., Philosophy, The University of Texas 2014

Experience

Select M&A Experience:

    • Cabot Oil & Gas Corporation's $17 billion merger of equals with Cimarex Energy Co. to form Coterra Energy Inc.
    • Noble Corporation's divestment of four jackup rigs for approximately $292 million
    • Crestwood Equity Partners LP's acquisition of Oasis Midstream Partners LP in $1.8 billion stock merger
    • Composite Advanced Technologies, Inc in its acquisition by Apollo Funds (approximately $300 million)
    • Hi-Crush inc. in its acquisition by Atlas Energy Solutions Inc. in a mixed-consideration transaction valued at $450 million
    • Edgewater Midstream LLC's $150 million acquisition of certain pipeline and terminal assets from Shell USA, Inc.
    • Sayona Mining Limited's $650 million merger of equals with Piedmont Lithium Inc.
    • Vitesse Energy, Inc.'s $220 million acquisition of Lucero Energy Corp.
    • Halliburton Co. in various acquisitions (undisclosed transaction values)
    • Covia Energy in the formation of its operating joint venture
    • HC Minerals, inc. in its sale to Iron Oak Energy Solutions (transaction value undisclosed)
    • Transocean Ltd. in formation of $200 million joint venture with affiliates of Lime Rock Management L.P. and Perestroika A.S.
    • Halliburton in formation of a joint venture with Siguler Guff for emissions management software (transaction value undisclosed
    • Transocean Ltd. in buyout of joint venture interests of Hayfin Capital Management LLP (transaction value undisclosed, mixed consideration share issuance and senior notes)
    • Transocean Ltd. in buyout of joint venture interests of Lime Rock Management L.P. and Perestroika A.S. (transaction value undisclosed, consideration of share issuance)

Select Securities and Capital Markets Experience:

    • High-yield debt (secured and unsecured)
      • CVR Energy, Inc. in its $1 billion of senior notes in multiple tranches
      • Transocean in its $500 million of 7.875% senior priority guaranteed notes due 2032 and simultaneous tender offers
      • Transocean Inc. in its $1.8 billion of senior notes in multiple tranches and simultaneous tender offers
      • Gulfport Energy Corporation in its $650 million of 6.75% senior notes due 2029 and simultaneous tender offer
      • Oceaneering International, Inc. in its $200 million of 6.0% senior notes due 2028 and simultaneous tender offer
      • Subsidiaries of Seadrill Ltd. in its $525 million of 8.375% senior secured second lien notes due 2030 (inaugural debt issuance out of bankruptcy and including a “tap” offering)
      • Subsidiaries of Transocean Ltd. in its $325 million of 8.0% senior secured notes due 2028
      • Subsidiaries of Transocean Ltd. in its $1.175 billion of 8.75% senior secured notes due 2030
      • Subsidiaries of Transocean Ltd. in its $525 million of 8.375% senior secured notes due 2028
    • Equity securities
      • Transocean Ltd. in a $438 million underwritten offering of its common shares
      • Transocean Ltd. in multiple at-the-market offerings of its common stock totaling over $800 million
      • Goldman Sachs as initial purchasers of $700 million of convertible seniors notes by Liberty Energy, Inc.
        • Includes representation of various capped call counterparties in capped call options with Liberty totaling $109 million
      • Goldman Sachs as initial purchase of $525 million of convertible senior notes by Liberty Energy, Inc.
        • Includes representation of various capped call counterparties in capped call options with Liberty totaling $77 million
      • CenterPoint Energy, Inc. in its underwritten offering $250 million of its common stock
      • CenterPoint Energy, Inc. in its $1 billion of 4.25% convertible senior notes due 2026
      • Transocean Ltd. issuances of common stock of approximately $200 million in connection with liability management transactions
      • Transocean Ltd. in its issuance of common shares for exchange of outstanding exchangeable bonds
      • Underwriters in initial public offering of common units of TXO Energy Partners, L.P.
      • Underwriters in secondary offering of common stock of Liberty Energy, Inc.
      • Jefferies Financial Group in its spin-off of Vitesse Energy, Inc.
    • Investment grade debt
      • Coterra Energy Inc. in its $500 million of 5.60% of senior notes due 2034
      • Coterra Energy Inc. in its $1.5 billion senior notes in multiple tranches
      • Cleco Power LLC in its $350 million of senior notes due 2036
      • Underwriters in Sysco Corporation’s $1 billion of senior notes in multiple tranches
      • Underwriters in Sysco Corporations' $1.25 billion of senior notes in multiple tranches (2025)
      • Underwriters in Sysco Corporations' $1.25 billion of senior notes in multiple tranches (2026)
      • CenterPoint Energy Houston Electric, LLC in $500 million of its general mortgage bonds
      • Helmerich & Payne, Inc. in its $550 million of 2.90% senior notes due 2031 and related redemptions
      • Cleco Power LLC in its $325 million of floating rate senior notes due 2023
      • Cabot Oil  and Gas Corporation in its $1.8 billion of senior notes in multiple tranches issued in connection with exchange offers for senior notes in multiple tranches of Cimarex Energy Co.
    • Utility Securitizations
      • Kansas Gas Service and certain of its subsidiaries in its $336 million of utility securitization bonds
      • Cleco Power LLC and certain of its subsidiaries in its $425 million of utility securitization bonds
      • Cleco Power LLC and certain of its subsidiaries in its $305 million of utility securitization bonds