The Firm recently represented the underwriters, led by Raymond James & Associates, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Capital Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC, in the follow-on equity offering by Linn Energy, LLC of 16,000,000 units representing limited liability company interests. The offering raised gross proceeds of approximately $188.6 million. Linn Energy’s units are listed on the NASDAQ Global Select Market under the ticker symbol “LINE.”
Linn Energy is a publicly traded, independent oil and natural gas company focused on the development and acquisition of long-life oil and natural gas properties.
The Simpson Thacher team included Ken Wallach, Marisa Stavenas, Jonathan Ozner, Nelli Zaltsman, Jessica Asrat and Tyler Cox (Capital Markets); Jonathan Cantor and Taylor Alexander (Tax); David Mollo-Christensen (ECEB); Adeeb Fadil (Environmental); and Andrew Pagliughi (FINRA/Blue Sky).