Par Pacific’s $75.7 Million Common Stock Offering

Latham & Watkins LLP represented the underwriters in the transaction.

Par Pacific Holdings, Inc. executed its underwritten public offering of 5,000,000 shares of its common stock at a public offering price of US$16 per share. 

J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, BofA Securities, Inc., MUFG Securities Americas Inc., RBC Capital Markets, LLC, Piper Sandler & Co., and Tudor, Pickering, Holt & Co. Securities, LLC acted as underwriters for this offering.

Par Pacific Holdings, Inc. (NYSE: PARR), headquartered in Houston, Texas, owns and operates market-leading energy and infrastructure businesses.

Latham & Watkins LLP represented the underwriters in the transaction with a corporate deal team led by Houston partner Trevor Lavelle (Picture), with associates Drew West, Kate Wang, and Dylan Carroll. Advice was also provided on tax matters by Jim Cole, with associate Marianne Standley; and on environmental matters by Houston partner Joel Mack, with Los Angeles counsel Joshua Marnitz.

Involved fees earner: Dylan Carroll – Latham & Watkins; Jim Cole – Latham & Watkins; Trevor Lavelle – Latham & Watkins; Joel Mack – Latham & Watkins; Joshua Marnitz – Latham & Watkins; Marianne Standley – Latham & Watkins; Kate Wang – Latham & Watkins; Andrew West – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Bank of America Securities; Goldman Sachs & Co.; J.P. Morgan Securities LLC; MUFG Securities Americas Inc. ; Piper Sandler; RBC Capital Markets; Tudor, Pickering, Holt & Co., LLC;

Author: Martina Bellini