Hess Midstream LP’s High‑Yield Senior Notes Offering

Cravath represented the initial purchasers in connection with the $600 million 144A/Reg. S high‑yield senior notes offering of Hess Midstream Operations LP, a fee‑based, growth‑oriented, limited partnership that owns, operates, develops and acquires a diverse set of midstream assets and provides fee‑based services to Hess and third‑party customers. The transaction closed on May 16, 2024.

The Cravath team included partners D. Scott Bennett and Ryan J. Patrone and associate Christina M. Drakeford on capital markets matters, partner Andrew T. Davis and associate William Swisher on tax matters, and senior attorney Annmarie M. Terraciano and associate Star S. Gulant on environmental matters. Ali Jimenez also worked on capital markets matters.