Experience

Davis Polk advised the dealer managers in connection with a Rule 144A/Regulation S exchange offer by Cliffs Natural Resources Inc. of approximately $218 million of new 8.0% 1.5 lien senior…

Davis Polk advised certain lenders in connection with a $180 million term loan credit agreement among Basic Energy Services, Inc., as borrower, the lenders from time to time party thereto…

Davis Polk advised Freeport-McMoRan Inc. (“FCX”) in connection with an amendment and restatement dated as of February 26, 2016 (the “Term Loan Amendment”), to its term loan facility, among…

Davis Polk advised the administrative agent under a $200 million senior unsecured revolving loan credit facility for Empresa Nacional De Electricidad S.A. (“Endesa Chile”). This facility…

Davis Polk is advising Arch Coal, Inc. (“Arch”) in connection with its restructuring under chapter 11 of the Bankruptcy Code, a $275 million debtor-in-possession (DIP) financing facility…

On September 17, 2015, the U.S. Bankruptcy Court for the Eastern District of Virginia entered a final order approving $692 million of debtor-in-possession credit facilities (the “DIP…

Davis Polk advised Tonon Bioenergia S.A. and its wholly owned subsidiary Tonon Luxembourg S.A. on its offer to exchange any and all of its outstanding US$300 million 9.250% senior notes due…

Davis Polk is advising Magnetation LLC (“Magnetation”) in connection with its restructuring under Chapter 11 of the Bankruptcy Code and a related $135 million debtor-in-possession (“DIP”)…

Davis Polk advised the administrative agent under Connacher Oil and Gas Limited’s first-lien credit agreement, in connection with Connacher’s restructuring, including implementation of a…

Davis Polk advised the joint lead arrangers and joint book-runners, and the new lenders and assignees, in connection with a $330 million term loan facility for Empresa Eléctrica Guacolda S…