Akin Gump Advises Viper Energy in Follow-on Equity Offering
(Dallas) – Akin Gump advised Viper Energy Partners, LP in the filing of a registration statement with the Securities and Exchange Commission for a $110 million follow-on offering of 3.5 million common units. Viper intends to use the net proceeds to repay borrowings under its credit agreement and for general partnership purposes, including the funding of pending and future acquisitions.
Seth Molay, a partner in Akin Gump’s corporate practice, led the team advising Viper Energy. He was joined by oil and gas counsel Alexandra Reuss and associates Heather Ashour and Brandon Hauver. Tax partners Thomas Weir and Dan Paulos also contributed.
Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 850 attorneys in offices throughout the United States, Europe, Asia and the Middle East.
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