
About Andrew
Andrew represents both lenders and borrowers in a variety of traditional and creative secured and unsecured credit transactions. He advises clients in connection with leveraged and investment grade credit facilities, including reserve based loans, acquisition financings, multi-currency facilities, and cross-border facilities, as well as distressed credits in restructuring and workout situations. A large portion of Andrew’s practice consists of representing large commercial banks, both domestic and international, in connection with syndicated credit facilities to exploration and production companies, midstream companies, oilfield services companies, and commodity trading and storage companies.
Andrew has advised clients involved in distressed credits proceeding through bankruptcy, and he has worked on a number of debtor-in-possession credit facilities and exit credit facilities.
Experience
Recent Notable Matters
Wells Fargo Bank, National Association — as lender, administrative agent and collateral agent in the successfully completed exit financing for Diamond Offshore Drilling, Inc. and certain affiliates. The exit financing included approximately $400 million in a revolving credit facility, $100 million in a term loan and over $85 million in privately placed notes.
Wells Fargo Bank, National Association — as administrative agent to the senior lien bank group in connection with the pre-arranged bankruptcy filing of Penn Virginia Corporation and its subsidiaries, including the debtor-in-possession facility and exit facility, which exit facility is currently a first lien secured, $1 billion oil and gas reserve based revolving credit facility
Macquarie Bank Limited — as administrative agent in connection with the documentation and restructuring of 1st and 2nd lien cross-collateralized facilities to a privately held agricultural commodities company, including a revolving credit facility, hedging facility, and inventory repurchase facility
Sysco Corporation — as borrower in its multi-currency $2 billion unsecured revolving credit facility
Multinational investment bank and financial services company — as administrative agent in a $225 million secured revolving credit facility consisting of a cash flow revolving tranche and an asset-based revolving tranche, to a privately held oil and gas commodities trading and storage company, secured by substantially all assets including an oil and gas storage facility
Multinational investment bank and financial services company — as administrative agent in a $750 million secured revolving reserve based loan to a private equity-backed exploration and production company to finance the acquisition of oil and gas properties in New Mexico and Texas
Multinational investment bank and financial services company — as administrative agent in a $1 billion secured revolving reserve based loan to a private equity-backed exploration and production company to finance the acquisition of oil and gas properties in Wyoming
Multinational investment bank and financial services company — as administrative agent in a $385 million secured revolving credit facility to USD Partners LP, secured by substantially all assets including rail and terminaling facilities in Canada, Oklahoma, and Wyoming
Multinational investment bank and financial services company — as administrative agent in a $500 million secured revolving credit facility to a private equity-backed midstream company, secured by substantially all assets including gathering, processing, and pipeline assets in Wyoming
Multinational investment bank and financial services company — as administrative agent in a $200 million secured revolving credit facility to a private equity-backed midstream company, secured by substantially all assets including gathering, processing, and pipeline assets in Canada
Wells Fargo Bank, National Association — as administrative agent in a $1.75 billion secured revolving credit facility to Tallgrass Energy Partners, LP
Multinational investment bank and financial services company — as administrative agent for a $1.75 billion unsecured revolving credit facility to Enable Midstream Partners, LP
Multinational investment bank and financial services company — as administrative agent for a $1 billion unsecured term loan facility to Enable Midstream Partners, LP
Wells Fargo Bank, National Association — as administrative agent in a $750 million unsecured revolving credit facility to Helmerich & Payne, Inc.