Our lawyers provide innovative and practical counsel on a wide variety of capital raising and securities law compliance matters. We represent clients ranging from emerging private companies to established public companies. With each, we build long-term relationships, generating efficiencies and helping them realize their business goals.
Precision Drilling Completes $400 Million High Yield Debt Offering
- Client News
- June 3, 2014
Practices
Precision Drilling Corporation completed a Rule 144A and Regulation S offering of its 5.250% senior notes due 2024 for gross proceeds of U.S. $400 million. Precision Drilling Corporation is a Canadian company that provides oil and natural gas drilling and related services and products and specializes in onshore drilling services in all major unconventional oil and natural gas basins. Paul, Weiss represented the underwriters, led by Credit Suisse, RBC Capital Markets and Morgan Stanley, in connection with the offering.
The Paul, Weiss team included corporate partner Christopher Cummings; tax partner David Mayo; and environmental counsel William O'Brien.