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Lilis Energy Announces $50 Million Credit Facility with Riverstone

02.01.18

The Firm represented Riverstone Credit Partners, L.P. in connection with a new $50 million first lien credit facility for Lilis Energy (NYSE American: LLEX). The new credit facility is expected to be funded in February 2018, and will have an additional availability of up to an additional $30 million that will be uncommitted at closing.

Riverstone is an energy and power-focused private investment firm that conducts buyout and growth capital investments in the energy industry.

The Simpson Thacher team included Robert Rabalais, Soogy Lee, Jason Hwang, Peter Raish, Andrew Lanius and Osaro Aifuwa (Banking and Credit).