Ovintiv Inc.’s Term Loan Facility
May 17, 2023
Cravath represented the administrative agent, joint lead arrangers and joint bookrunners in connection with the arrangement of $825 million term loan facility made available to Ovintiv Inc. in connection with its pending acquisition of substantially all leasehold interest and related assets of Black Swan Oil & Gas, PetroLegacy Energy and Piedra Resources, which are portfolio companies of funds managed by EnCap Investments L.P., in a cash and stock transaction valued at approximately $4.275 billion. The financing closed on April 26, 2023.
The Cravath team included partners Tatiana Lapushchik and Matthew M. Kelly and associates Peter W. Kim and Alan J. Steiner on banking matters and partner Matthew Morreale on environmental matters.
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People
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J.D., 2000, Harvard Law Schoolcum laude
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B.A., 1997, Barnard Collegesumma cum laude
- New York
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J.D., 2013, New York University School of LawJohn Norton Pomeroy Scholar; Benjamin Butler Scholar; Order of the Coif, magna cum laude
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A.B., 2006, Dartmouth Collegecum laude
- New York
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J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Pennsylvania
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B.A., 1990, University of Pennsylvania
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B.A.S., 1990, University of Pennsylvania
- New York
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