Seven Generations Energy Completes $425 Million Senior Notes Offering
05.01.15
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Simpson Thacher represented Seven Generations Energy Ltd. ("7G") in connection with its Rule 144A and Regulation S offering of $425 million aggregate principal amount of 6.750% Senior Notes due 2023. 7G used the proceeds from the offering for general corporate purposes, including the funding of a portion of its 2015 and 2016 capital investment plan.
7G is an Alberta-based company engaged in the development of the Kakwa River Project (the "Project"). Located approximately 100 kilometers south of Grande Prairie, Alberta, the Project is a tight, liquids-rich gas and light oil project in the early stages of development.
The Simpson Thacher team for the transaction included Joe Kaufman, Jessica Garcia, Karen Wang and Meredith Hunt (Capital Markets); and Jon Cantor and David Holmberg (Tax).