Cahill Represents Initial Purchasers in $800 Million Notes Offering by EP Energy
Date: 05/28/15
Cahill represented the joint book-running managers, senior co-managers, and co-managers in connection with the Rule 144A offering of $800,000,000 aggregate principal amount of 6.375% Senior Notes due 2023 by EP Energy LLC, a growth-oriented, 100% onshore, oil-weighted company with a large inventory of low-risk drilling locations. Proceeds from the offering were used for general corporate purposes and in connection with the concurrent tender offer to purchase for cash any and all of the outstanding 6.875% Senior Secured Notes due 2019 issued by EP Energy and its wholly-owned subsidiary, Everest Acquisition Finance Inc., as co-issuer.