Hess Infrastructure Partners’s $800 Million High?Yield Senior Notes Offering

Cravath represented the initial purchasers, led by J.P. Morgan Securities, Citigroup, Wells Fargo Securities, Morgan Stanley and Mitsubishi UFJ Financial Group, in connection with the $800 million 144A/Reg. S high?yield senior notes offering of Hess Infrastructure Partners LP and Hess Infrastructure Partners Finance Corporation.

Hess Infrastructure Partners is the owner of various operating companies that provide a diverse mix of midstream oil and natural gas services in North Dakota. The company, led by Rodney F. Chase,

Terrence J. Checki, Leonard S. Coleman, Jr., John B. Hess, Edith E. Holiday, Risa Lavizzo-Mourey, Marc S. Lipschultz, David McManus, Kevin O. Meyers, James H. Quigley, Fredric G. Reynolds and William G. Schrader, is based in Wilmington.

The transaction closed on November 22, 2017.

The Cravath team included partners William V. Fogg (Picture) and D. Scott Bennett and associates Douglas C. Dolan and Zachary J. Savrick on securities matters, and associate Kiran Sheffrin on tax matters. Ashley R. Strojny also worked on securities matters.

Involved fees earner: William V. Fogg – Cravath Swaine & Moore; Scott Bennett – Cravath Swaine & Moore; Douglas Dolan – Cravath Swaine & Moore; Zachary Savrick – Cravath Swaine & Moore; Kiran Sheffrin – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Citigroup Inc.; Morgan Stanley; JP Morgan Securities; Mitsubishi UFJ Financial Group; Wells Fargo Securities;


Author: Ambrogio Visconti