Sidley represented Barclays Capital Inc., J.P. Morgan Securities LLC, MUFG Securities Americas Inc., and Truist Securities, Inc., as representatives of the underwriters in the offering and sale of US$600 million aggregate principal amount of 5.625% Senior Notes of Boardwalk Pipelines, LP (“Boardwalk”), due 2034. Boardwalk intends to use the net proceeds of approximately US$593.8 million from this offering (after deducting the underwriting discount and estimated offering expenses) to retire the outstanding US$600 million aggregate principal amount of the 4.95% notes of Boardwalk, due 2024, at or prior to maturity.
The deal team was led by George Vlahakos and David Buck, and included Tanner Groce, Alan Williams, Walter Deere (all Energy and Infrastructure), and Angela Richards (Tax).
