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Latham & Watkins Advises the Initial Purchasers in Strathcona Resources’ Private Offering of US$500 Million of Senior Notes
July 19, 2021
A Houston-based team advises the initial purchasers in the private oil and gas producer’s offering.
Strathcona Resources Ltd. has announced that it has priced a private offering under Rule 144A and Regulation S of the U.S. Securities Exchange Act of 1933, as amended, to eligible purchasers, of US$500 million in aggregate principal amount of 6.875% senior unsecured notes due 2026.
Latham & Watkins LLP represents the initial purchasers in the offering with a Houston-based team led by partners Michael Chambers and David Miller, with associates Madeleine Neet, Michael Pascual, Jessica Sherman, Austin Sheehy, and Dylan Carroll. Advice was also provided on tax matters by Houston partner Jim Cole, with associate Dominick Constantino; and on environmental matters by Los Angeles/Washington D.C. counsel Josh Marnitz.