Latham & Watkins Advises Initial Purchaser in Kodiak’s US$750 Million Offering of Senior Notes

Kodiak Gas Services, Inc. (NYSE: KGS) announced that it has closed its previously announced private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended, to eligible purchasers of US$750 million aggregate principal amount of 7.250% senior notes due 2029 (the Notes). The Notes mature on February 15, 2029 and pay interest at the rate of 7.250% per year, payable on February 15 and August 15 of each year. The first interest payment on the Notes will be made on August 15, 2024. The Notes were priced at par. The Notes Offering closed on February 2, 2024.

Latham & Watkins LLP advised the initial purchaser in the offering with a capital markets team led by Austin/Houston partner Michael Chambers and Austin partner Samuel Rettew, with Houston associates Michael Pascual and Sydney Verner and Austin associates Cooper Shear and Mason Taylor. Advice was also provided on tax matters by Houston partner Bryant Lee, with Houston associate Molly Elkins; and on environmental matters by Los Angeles/Houston partner Josh Marnitz, with Washington, D.C. associate Jacqueline Zhang.