Bracewell represented Barclays Bank PLC, as administrative agent, in a $150 million senior secured revolving credit facility to Tallgrass Equity, LLC in connection with the initial public offering of Tallgrass Energy GP, LP (NYSE: TEGP), the year’s largest initial public offering. After the offering, TEGP owns membership interests in Tallgrass Equity, LLC, which owns a 100 percent membership interest in Tallgrass MLP GP, LLC (TEP GP) and 20 million common units of Tallgrass Energy Partners, LP (TEP).
TEP is a publicly traded, growth-oriented limited partnership formed to own, operate, acquire and develop midstream energy assets in North America.
Bracewell attorneys involved in this transaction include:
Partners: Robin J. Miles