Media Contact:
Michelle Murray
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

Cahill Represents Financing Sources in IPO, Tender Offer and Credit Facility by Gibson Energy

Date: 06/15/11

Cahill represented Scotia Capital Inc., J.P. Morgan Securities Canada Inc., Citigroup Global Markets Canada Inc., FirstEnergy Capital Corp., RBC Dominion Securities Inc., TD Securities Inc. and UBS Securities Canada Inc., in connection with the initial public offering of Gibson Energy Inc. (TSX: GEI) valued at $500 million. The offering made available 31,250,000 shares of common stock at an IPO price of $16.00 per share.

Cahill represented JPMorgan Chase Bank, N.A. as administrative agent and J.P. Morgan Securities LLC, UBS Securities LLC and Citigroup Global Markets Inc. as lead arrangers in connection with the $925,000,000 Credit Facility comprised of a $650,000,000 Term B Loan and a $275,000,000 Revolving Credit Facility for Gibson Energy ULC.

Cahill also represented J.P. Morgan Securities LLC as dealer manager and solicitation agent in connection with Gibson Energy ULC and GEP Midstream Finance Corp's concurrent debt tender offer which resulted in the tender and acceptance for purchase of $557,880,000, or approximately 99.6%, of their outstanding aggregate principal amount of 11.75% First Lien Notes due 2014 and $200,000,000, or 100% of the outstanding aggregate principal amount of 10% Senior Notes due 2018.

Media Contact:
Michelle Murray
Director of Marketing & Communications
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com