Emily Banse focuses her practice on financial transactions in the energy industry. She represents lenders and borrowers in syndicated, secured and unsecured and traditional and debt financings, including reserve-based lending facilities, asset-based lending facilities, acquisition financings, master limited partnership (MLP) financings and working capital facilities.
During law school, Emily served as judicial intern to the Honorable Nancy Johnson, U.S. Magistrate Court for the Southern District of Texas and to the Honorable Marvin Isgur of the U.S. Bankruptcy Court for the Southern District of Texas.
Recent Notable Matters
DT Midstream — $750 million revolving credit facility and $1 billion term loan B, in connection with its spin-off from DTE Energy Company, as borrower
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.
Cornerstone Building Brands, Inc. — acquisition of Prime Window Systems, LLC
Crédit Agricole Corporate and Investment Bank — as agent to the lenders in the $2.44 billion letter of credit facility and approximately $544 million in funded debt for McDermott International in the successfully completed emergence from bankruptcy
Wells Fargo Bank, N.A. — as administrative agent for the first lien lender group in the Alta Mesa Chapter 11 bankruptcy case
Crédit Agricole — $2.8 billion financing facility in prepackaged Chapter 11 restructuring transaction for McDermott International, as agent to revolving debtor-in-possession (DIP) lenders
Harris County Cultural Education Facilities Finance Corporation — bond counsel in connection with the issuance of $52.39 million Revenue Refunding Bonds (Texas Medical Center) Series 2019A and $39.11 million Taxable Revenue Refunding Bonds (Texas Medical Center) Series 2019B
Crédit Agricole — $1.7 billion new financing for McDermott International which includes immediate access to $650 million of financing comprised of $550 million under a term loan credit facility and $100 million under a letter of credit facility, as lead arranger and revolving administrative agent
Wells Fargo Bank, National Association — $950 million revolving credit facility for publicly traded offshore drilling company Diamond Offshore Drilling Inc. and its subsidiaries, along with an amendment and restructuring of Diamond’s existing credit facility, as administrative agent
Publications and Speeches
“Consumer Bankruptcy Cases: Recent Developments in Consumer Bankruptcy Law, July 2013 – June 2014,” 10th Annual Consumer Bankruptcy Conference, 2014.