Andrew Thomison
Partner, Finance
Andrew Thomison is a partner in the Corporate & Financial Services Department. He represents borrowers, financial institutions, capital companies, agent banks, private equity funds and other institutional investors in connection with acquisition financings, senior and subordinated debt, working capital credit facilities, bridge loans, asset-based financings, secured and unsecured term lending, high-yield debt offerings, private placements of securities, reserve-based loans and other forms of debt financing.
Experience
Prior to joining Willkie, Andrew was a partner at Baker Botts L.L.P.
- Texas Super Lawyers – Rising Star (Thomson Reuters), 2014, 2015, 2016 & 2017
Andrew is a member of the American College of Investment Counsel.
His experience includes the following representative matters*:
Financings – Borrower Representations
- Credit Bureau Connection, a portfolio company of the Capstreet Group, in its acquisition of CreditDriver Solutions
- Clearway Energy, Inc. in an amended $700 million revolving credit facility
- Coterra Energy Inc. – $1.5 billion revolving credit facility
- Caliche Development Partners II – capital commitments from Orion Infrastructure Capital and GCM Grosvenor in connection with the acquisition of underground energy storage and sequestration assets
- A private oil and gas exploration and production company - $100 million reserve-based loan
- Jones Energy Holdings, LLC – $225 million reserve-based revolving credit facility
- Carrizo Oil & Gas, Inc. – $1.35 billion reserve-based revolving credit facility
- Bowie Resource Partners – $335 million first lien term loan, $100 million second lien term loan and $35 million asset based revolving loan facility
- Ensco plc – $2.25 billion revolving credit facility
- Oceaneering International, Inc. – $300 million revolving credit facility
- Transocean Inc. – $2.0 billion revolving credit facility
- Helix Energy Solutions Group – $150 million revolving credit facility, $100 million term loan facility and $250 million secured vessel acquisition financing
- Westlake Chemical Corporation – $1.5 billion revolving credit facility
- Rimrock Energy Partners – $200 million secured revolving credit facility
- Private oil and gas exploration and production company – $300 million reserve-based revolving credit facility
- Sponsor-backed oil and gas exploration and production company – $100 million reserve-based revolving credit facility
- Clearway Energy, Inc. – $190 million secured term loan
- Sponsor-backed oil and gas exploration and production company – $125 million reserve-based revolving credit facility
- Matador Resources Company – $1.35 billion reserve-based revolving credit facility
Financings - Agent & Lender Representations
- Administrative Agent – $107 million term loan and revolving credit facility for acquisition and working capital needs of kaolin clay production facility
- Lead Arranger and Book Manager – $95 million term loan and revolving credit facility for acquisition of oil and gas assets and working capital needs
- Administrative Agent – $110 million term loan and revolving credit facility for working capital needs of a company specializing in retail and hospitality information technology systems
- Administrative Agent – $600 million borrowing base revolving credit facility for Calumet Specialty Products Partners, L.P.
- Goldman Sachs Bank USA as administrative agent – $125 million term loan to Parker Drilling Company; proceeds used to finance the acquisition of International Tubular Services Limited
- Private Equity Lender – purchase of up to $100 million in senior secured notes from a family-owned oil and gas production company
- Private Equity Lender – $147 million bridge loan to a private equity fund to finance the acquisition of an online dating service company
- Private Equity Lender – $50 million term loan to a sponsor-backed water services company
- Private Equity Lender – $45 million term loan to a private oilfield services company
Debt Offerings
- RBS Securities Inc. as lead underwriter – $750 million offering of 9.25% senior notes by Energy XXI Gulf Coast, Inc.
- Lead Underwriter – $900 million offering of 6.25% senior notes by Rice Energy Inc.
- Lead Underwriter – $1.4 billion offering of 4.875% senior notes by Access Midstream Partners, L.P.
- Goldman, Sachs & Co. as lead underwriter – $750 million offering of 5.375% senior secured notes by Pacific Drilling S.A.
- J.P. Morgan Securities LLC – $250 million issuance of 9.25% senior secured notes by Teekay Corporation
- Lead Underwriter – $700 million issuance of 8.5% senior unsecured notes by Teekay Offshore Partners L.P.
- Jones Energy – $450 million issuance of 9.25% senior secured first lien notes
Private Placements
- Institutional investors – $100 million private placement of senior secured notes issued by an energy financing company
- Institutional investors – private placement of $65 million of senior secured notes and $50 million of senior subordinated secured notes issued by a die casting and metalworking company
- Refining joint venture – $360 million private placement of senior unsecured notes
- Residential solar company – private placement of up to $403 million of senior secured notes
Other Transactions
- Caliche in its acquisition of Central Valley Gas Storage, L.L.C.
- Global Geophysical Services, Inc. – $177 million DIP financing agreement
- Private oil and gas exploration and production company – $75 million DIP financing agreement; $135 million senior secured convertible PIK toggle note exit facility
*Andrew advised on some of these matters prior to joining Willkie in 2022.
Credentials
Education
Columbia Law School, J.D., 2007 Williams College, B.A. (magna cum laude), 2004