Akin Gump Advises Lenders to Talos Energy Subsidiaries in Notes Exchange
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(New York) – In connection with the merger announced last year between Talos Energy LLC and Stone Energy Corporation, Talos and Stone lenders and noteholders have exchanged their holdings for new securities issued by the post-merger Talos Energy Inc. and its subsidiaries. Akin Gump represented lenders to Talos Production LLC and Talos Production Finance Inc. that exchanged second lien bridge loans for new 11 percent second-priority senior secured notes due 2022.
The Akin Gump team advising the lenders was led by corporate partner Frederick Lee. He was joined by corporate partner Zachary Wittenberg, senior counsel Daniel Zimmerman, counsel Jesse Brush and associate Tiffanye Threadcraft; tax counsel Brandon Morris; and oil and gas partner William Morris.
A separate team from Akin Gump, led by oil and gas partner John Goodgame and senior counsel Rebecca Tyler, advised Stone Energy in the original deal, which closed today. (Click here to read more.)
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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