Simpson Thacher recently represented JPMorgan Chase Bank, N.A. (“JPMorgan”), as Administrative Agent and JPMorgan and MUFG Bank, Ltd. as Joint Lead Arrangers and Joint Bookrunners in connection with The Energy & Minerals Group’s (“EMG”) $465 million term loan “B” credit facility and $50 million superpriority revolving credit facility. The credit facilities were entered into in connection with the recent closing of a $1.1 billion continuation vehicle that included EMG’s investments in core midstream infrastructure assets.
EMG targets equity investments across the natural resources industry, including the extraction and processing of critical metals and minerals, as well as upstream and midstream energy.
The Simpson Thacher team included Erland Modesto, Brandon Barton, Ramz Aziz, and Casey Braden (Banking and Credit); Adam Arikat and Michael E. Mann (Tax); Michael Isby (M&A); and J. Pasco Struhs (Executive Compensation and Benefits).