Bracewell’s finance group advises borrowers and lenders on billions of dollars of financial transactions every year, with an emphasis on energy. The team has in-depth knowledge across the entire energy finance spectrum, including upstream, midstream, downstream, exploration and production; refining; oil field services; commodities; chemicals; and renewable and conventional power. Bracewell also represents many of the world’s largest lending institutions, funds, and institutional investors in complex financings.
The firm’s finance team assists clients in various forms of secured and unsecured transactions, including project finance, acquisition finance, syndicated lending, structured finance, leveraged finance, reserved-based lending, bridge financings to facilitate capital markets access, equipment finance and leasing. They also assist clients in various stages of a lending transaction, including refinancings and restructurings (including out-of-court restructurings) of existing loans, DIP financings and exit financings for both borrower and lender clients.
Bracewell lawyers structure and document a full range of senior, subordinated and mezzanine debt and first or second lien (or first and second out) financings, including syndicated and bilateral facilities. They also assist sponsors and lenders with asset monetization and a wide variety of bankruptcy remote structures, structured commodity hedges, credit sleeves and tax structures, including master limited partnerships.