Ron Havas

Ron Havas is Counsel in the Firm’s Banking and Credit Practice. He focuses on representing financial institutions, private and direct lenders, corporate borrowers and other parties in a wide range of debt financing transactions spanning the entire energy value chain and multiple other sectors in connection with acquisitions, corporate refinancings, recapitalizations, restructurings and other matters. Ron has advised lenders and borrowers on various financing products, including broadly syndicated credit facilities, bridge loans, asset-based lending, back leverage, holdco, reserve-based and DIP financings, asset-backed securitizations, including storm recovery bonds, and general corporate and investment grade transactions.

• JPMorgan, as administrative agent for Ascent Resources Utica Holdings, LLC’s $2 billion reserve-based revolving credit facility
• Oil States International in its $125 million first lien asset-based loan facility
• JPMorgan, as administrative agent and collateral agent in a $600 million asset-based revolving facility for SiteOne Landscape Supply
• JPMorgan, as administrative agent, in connection with an RBL facility for Citizen Energy’s $1 billion facility acquisition of Red Bluff Resources and Bricktown Energy
• Lead Arrangers and Administrative Agents for financings CenterPoint Energy and its subsidiaries
• JPMorgan, as administrative agent and lender under a pre-petition ABL facility in the bankruptcy cases of Party City and its affiliated debtors and as administrative agent and lead arranger of Party City’s $562 million exit ABL facility
• Lead arrangers in a $1.75 billion senior secured asset-based revolving credit facility for USA Compression in an acquisition-related financing and subsequent financings for USA Compression
• JPMorgan, as administrative agent, in connection with AtriCure’s $125 million senior secured ABL revolving credit facility
• JPMorgan, as administrative agent and lead arranger, in connection with Pacira BioSciences' $375 million senior secured term loan B facility
• JPMorgan, as administrative agent, in connection with Synergy Infrastructure Holdings’ $500 million senior secured ABL revolving credit facility
• JPMorgan, as lead arranger and administrative agent, in connection with Carter's, Inc.'s $750 million senior secured asset-based revolving credit facility
• JPMorgan, as lead arranger and administrative agent, in connection with Ferrellgas' $350 million senior secured revolving credit facility
• The financing sources, led by J.P. Morgan and TD Bank and including Sumitomo Mitsui Banking Corporation, in connection with committed financing supporting Dalinar Energy Corporation’s bid for PDV Holding, Inc., the indirect parent of CITGO Petroleum Corporation, for a stated net purchase price of $7.382 billion, subject to adjustments, which such bid had been selected as the final recommended bid by Robert Pincus, the Special Master appointed by the U.S. District Court for the District of Delaware
• Lenders in connection with committed financing for DT Midstream's acquisition of all of the equity interests in Guardian Pipeline, L.L.C., Midwestern Gas Transmission Company and Viking Gas Transmission Company, including an up to $700 million 364-day bridge loan facility, and a $1 billion backstop 364-day bridge revolving credit facility
• Breakwall Capital LP in connection with Berry Corporation (bry)’s $545 million delayed-draw term loan facility
• JPMorgan, as lead arranger, administrative agent and lender, in connection with CPI CG Inc.’s $75 million senior secured asset based revolving credit facility
• CIM Group, LLC in connection with a private capital financing with an initial commitment of $125 million to a subsidiary of Applied Digital Corporation (“Applied Digital”), which can be upsized upon mutual agreement by both parties to up to $200 million for the buildout of Applied Digital's high-performance computing data center campus located in Ellendale, North Dakota
• Civitas Resources, Inc. in connection with a $2 billion RBL Facility with JPMorgan Chase Bank, N.A. relating to the contemporaneous merger with Extraction Oil & Gas, Inc. and its acquisition of CPPIB Crestone Peak Resources America Inc.
• Railroad Commission of Texas in connection with the issuance of a Financing Order that authorizes the securitization of approximately $3.4 billion of extraordinary gas costs in connection with Winter Storm Uri

Ron’s experience prior to joining Simpson Thacher includes advising:

• JPMorgan and the other initial purchasers in connection with Aviation Capital Group (ACG)’s offering of $1 billion fixed rates unsecured senior notes.
• Seraph Aviation in connection with its inaugural aviation ABS co-investment vehicle which offered $726 million of rated notes secured by a portfolio of 19 aircraft.

Ron received his J.D. from Georgetown University Law Center in 2017 and his Honors B.A. from University of Toronto in 2011. He is admitted in New York and Texas.