Mahalia S. Doughty

A sampling of Mahalia’s representative experience includes:

• Representation of Seadrill Limited, the leading global provider of offshore contract drilling services, and certain of its direct and indirect subsidiaries in their multi-jurisdictional restructuring of approximately US$6.1 billion of funded debt*
• Representation of the world’s largest offshore driller by fleet size (who owns 67 drilling rigs and operating in every major offshore hydrocarbon basin throughout the globe) and 89 of its subsidiaries in obtaining exit financing in the form of secured notes*
• Representation of Cineworld Group PLC, owner of Regal Cinemas, in obtaining US$450 million in additional financing, providing liquidity in response to the impact of COVID-19 on the company and the cinema industry*
• Representation of Chesapeake Energy Corporation and 40 of its subsidiaries in their Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas in connection with a US$925 million new money debtor-in-possession financing facility*
• Representation of Chesapeake Energy Corporation and 40 of its subsidiaries in obtaining a US$2.5 billion exit revolving credit facility*
• Representation of Callon Petroleum Company in its fully committed US$5 billion first lien reserve-based financing in connection with its merger with Carrizo Oil & Gas and subsequent amendments to the same*
• Representation of Hornbeck Offshore Services, Inc. in its prepackaged plan of reorganization to restructure US$1.2 billion of funded debt obligations, including its US$75 million in debtor-in-possession financing and first and second lien exit term loan credit facilities*
• Representation of the administrative agent and arranger its arrangement of a US$650 million senior secured term loan facility and US$300 million senior secured revolving credit facility for ITT Holdings LLC*
• Representation of the administrative agent and arranger providing underwritten bank financing, consisting of a US$900 million Term and US$50 million Revolving Loan Facilities for the acquisition of certain assets and subsidiaries of Brazos Delaware to Bison Midstream*
• Representation of Hawkwood Energy, an independent exploration and production company, in its acquisition by WildFire Energy I, an independent energy platform company, sponsored by Warburg Pincus and Kayne Anderson*
• Representation of an investment fund in providing a US$100 million unsecured term load to one of the Caribbean’s fastest growing resort chains.
• Representation of GenOn Holdings LLC in its US$125 million first lien revolving credit facility and $450 million second lien bonds*
• Representation of Guidon Operating LLC in the divestiture of all leasehold interests and related assets to Diamondback Energy, Inc. (NASDAQ: FANG) for a mixture of cash and shares of Diamondback common stock*
• Representation of Brix Oil & Gas Holdings, a Blackstone portfolio company, in a development financing facility secured by its oil and gas assets*

* Asterisk indicates matters handled by Mahalia prior to joining Sidley.