Global law firm White & Case LLP has advised Hess Midstream Partners LP on obtaining a five-year, US$1.4 billion pro rata credit facility.
The financing, which includes a US$400 million A term loan and a US$1 billion revolver, was entered into in connection with Hess Midstream Partners’ acquisition of Hess Infrastructure Partners. A syndicate of leading financial institutions acted as the joint lead arrangers.
Hess Midstream is a fee-based, growth-oriented, midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to global independent energy company Hess Corporation and its third-party customers.
The White & Case team was led by partner Eliza McDougall (New York) and included associates Arthur Nahas (New York) and Nicole Rodger (Los Angeles).
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