Archrock’s $500 Million Senior Notes Offering


Vinson & Elkins advised the underwriters on the transaction

Archrock Partners, L.P. executed its private offering of $500 million aggregate principal amount of 6.875% senior notes due 2027 at an issue price of 100% of their face value.

J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBC Capital Markets, LLC, Regions Securities LLC, Scotia Capital (USA) Inc., Wells Fargo Securities, LLC, TD Securities (USA) LLC, Citigroup Global Markets Inc., BB&T Capital Markets, a division of BB&T Securities, LLC, CIT Capital Securities LLC, PNC Capital Markets LLC, SMBC Nikko Securities America, Inc., BBVA Securities Inc., FTN Financial Securities Corp, Goldman Sachs & Co. LLC and Raymond James & Associates, Inc. acted as initial purchasers on the offering.

Archrock Partners is a leading provider of natural gas contract compression services to customers in the oil and natural gas industry throughout the United States.

The V&E corporate team was led by partners Doug McWilliams and David Stone, counsel Dan Spelkin and senior associate Brett Riesenfeld, with assistance from associates Jessica Lewis, Brett Peace and Michael Pascual. Also advising were counsel Larry Pechacek; and partner Wendy Salinas and associate Liz Snyder.

Involved fees earner: Jessica Lewis – Vinson & Elkins LLP; Douglas McWilliams – Vinson & Elkins LLP; Michael Pascual – Vinson & Elkins LLP; Brett Peace – Vinson & Elkins LLP; Larry Pechacek – Vinson & Elkins LLP; Brett Riesenfeld – Vinson & Elkins LLP; Liz Snyder – Vinson & Elkins LLP; Daniel Spelkin – Vinson & Elkins LLP; David Stone – Vinson & Elkins LLP; Wendy Trahan Salinas – Vinson & Elkins LLP;

Law Firms: Vinson & Elkins LLP;

Clients: BB&T Capital Markets; BB&T Securities, LLC; BBVA Securities Inc.; CIT Bank; Citigroup Global Markets Ltd; FTN Financial Securities Corp.; Goldman Sachs & Co.; JP Morgan Securities; Merrill Lynch, Pierce, Fenner & Smith Incorporated; PNC Capital Markets LLC; Raymond James Financial, Inc.; RBC Capital Markets; Regions Securities LLC; Scotia Capital Inc.; SMBC Nikko Securities America; TD Securities; Wells Fargo Securities;

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Author: Ambrogio Visconti