Shruthi Prabhu focuses her practice on financial transactions in the energy industry. She represents lenders and borrowers in syndicated, secured, unsecured, traditional and debt financings.
Prior to joining Bracewell, Shruthi clerked with Lone Star Legal Aid.
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.
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
Comfort Systems, USA, Inc. — as borrower in a $450 million secured revolving credit facility and $150 million secured term loan facility
Large international financial institution — as administrative agent in connection with a $350 million senior secured revolving credit facility to a hydrocarbon commodities trading and transportation company operating throughout the continental United States and Canada