AB Private Credit Investors’ $320 Million Term Loan for Nine Point Energy, LLC

Sidley represented AB Private Credit Investors LLC as Administrative Agent and Lead Arranger in a $320 million term loan facility for Nine Point Energy, LLC, the proceeds of which will be used to fund the continued expansion of Nine Point’s development program in the Williston Basin.

B Private Credit Investors is the middle market direct lending platform of AllianceBernstein.

Sidley represented AB Private Credit Investors LLC with Herschel Hamner (Picture), Quan Lu, Sabra Thomas and Eric Backman.

Involved fees earner: Quan Lu – Hunton Andrew Kurth; Eric Backman – Sidley Austin LLP; Herschel Hamner III – Sidley Austin LLP; Sabra Thomas – Sidley Austin LLP;

Law Firms: Hunton Andrew Kurth; Sidley Austin LLP;

Clients: AB Private Credit Investors LLC;

Author: Ambrogio Visconti