Latham & Watkins Represents SierraCol Energy in US$650 Million Senior Notes Offering, Tender Offer and Revolving Credit Facility Refinancing

"Latham & Watkins LLP represented SierraCol Energy and its wholly owned subsidiaries in the pricing of US$650 million of 9.000% 5NC2 senior notes due 2030, a tender offer that refinances US$300 million of 2028 notes, and the refinancing of the company’s revolving credit facility."

Latham & Watkins LLP represented SierraCol Energy and its wholly owned subsidiaries SierraCol Energy Andina, LLC, SierraCol Energy Arauca, LLC, and Colombia Energy Development Co. in connection with a senior notes offering, a related tender offer, and the refinancing of the company’s revolving credit facility. The subsidiaries successfully priced an offering of US$650 million aggregate principal amount of 9.000% 5NC2 Senior Notes due 2030. In connection with the tender offer, SierraCol will refinance US$300 million of the outstanding principal amount of its 2028 notes. The transaction also included a corresponding refinancing of the company’s revolving credit facility. Latham & Watkins LLP represented SierraCol Energy, SierraCol Energy Andina, LLC, SierraCol Energy Arauca, LLC, and Colombia Energy Development Co. with a team composed by: Capital Markets — partner Jason Licht; counsel Christopher Cronin; associates Lucas Balchun and Kaan Ulgen; with assistance from Molly Mitchell and David Reed. Finance — partners Jeff Chenard and Jennifer Kent; associates Katie Prezioso and Kendall Crawford.

Latham & Watkins Represents SierraCol Energy in US$650 Million Senior Notes Offering, Tender Offer and Revolving Credit Facility Refinancing

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