$1.3 Billion Public Offering
GableGotwals represented an energy company in connection the issuance of $650 million of 30-year senior notes and $650 million of 5-year senior notes.
Business Transactions
$20 Million Sale of Drilling Rigs
The Firm represented the seller in the purchase and sale of $20 million of drilling rigs and the related financing.
$13.1 Million Term and Revolving Loan Facility
GableGotwals represented the lender in the negotiation and documentation of a $13.1 million term and revolving loan facility to a local oil and gas producer.
$14.5 Million Term Loan Facility
GableGotwals represented the lender in the negotiation and documentation of an $14.5 million term loan facility to an oil and gas producer.
Workout and Restructure of $90 Million Senior Credit Facility
GableGotwals represented the agent bank in connection with the workout and restructure of $90,000,000 syndicated senior credit facility consisting of a domestic term and revolving loans, an export-related revolving credit facility, and conduit bond issuance by a governmental development authority; restructure included the negotiation of a new senior credit facility, the sale of a controlling interest in the borrower to a newly-formed holding company owned by private equity investors, and issuance of subordinated notes to mezzanine lenders.
$180 million tax-exempt hospital bond issue
GableGotwals acted as special borrower’s counsel for a hospital system’s issuance of approximately $180 million of tax-exempt bonds to finance the acquisition of a hospital facility.
Native American Gaming Loans
The Firm is currently advising one of its banking clients in connection with the creation of the client’s Native American gaming loan portfolio, including representing the client in multiple loans to various tribal gaming agencies and tribal gaming entities to be used for general working capital and/or capital expenditures and secured by a pledge of all revenues generated by tribal gaming facilities.
$31.6 Million Construction Loan for Hotel Renovation
GableGotwals represented the lender in a $31.6 million construction loan to a hotel development group to refurbish the historic St. Anthony Hotel in San Antonio, Texas; the project also involved the use of historic tax credits.