A Haynes Boone team represented the administrative agent for the senior secured lenders in the comprehensive financial restructuring of Tapstone Energy, LLC (Tapstone).
The restructuring, announced by Tapstone on April 20, will enable the company to recapitalize its balance sheet and fortify its liquidity by significantly reducing long-term debt and interest expense. Tapstone said the transaction also positions the company to expand its production base through mergers and acquisitions.
The Haynes Boone team includes Partners Eli Columbus, Frasher Murphy, Matt Ferris and Austin Elam. They were assisted by Partners Matthew Fry, Lauren White, Kenneth Bezozo and and Associates Don Shiman, Matthew Rountree, Vikki Marsh, Alex Kirincic and Kim Mai. Landmen Randy Browne and Ashleigh Gibbs also assisted with the transaction.
For more details on the transaction, you may view Tapstone’s press release here.
Haynes Boone is an international corporate law firm with offices in Texas, New York, California, Charlotte, Chicago, Denver, Washington, D.C., London, Mexico City and Shanghai, providing a full spectrum of legal services in energy, technology, financial services and private equity. With 575 lawyers, Haynes Boone is ranked among the largest U.S.-based firms by The National Law Journal, The American Lawyer and The Lawyer. It also ranks among the nation’s most recommended law firms by general counsel, according to BTI Consulting Group’s “Most Recommended Law Firms 2019” report.