Paul Hastings LLP advised J.P. Morgan Securities, Goldman Sachs, Barclays Capital, BofA Securities, Wells Fargo Securities and the other underwriters in connection with ONEOK’s $7 billion of senior notes offering.

ONEOK intends to use the net proceeds from the offering to fund the purchase price for its previously announced transactions to acquire Global Infrastructure Partners' (GIP) interest in EnLink Midstream, LLC and GIP's interest in Medallion Midstream, LLC and to pay fees and expenses related to the respective transactions. ONEOK intends to use any remaining net proceeds from the offering for general corporate purposes, which may include the repayment of outstanding indebtedness, including the repurchase or redemption of existing notes.

More details on the offering can be found here.

This follows from Paul Hastings’ previous representation of J.P. Morgan and Goldman Sachs in connection with the committed term loan financing for ONEOK in connection with this transaction.

Partner Jonathan Ko led the Paul Hastings team, which included associates Lauren Zhang and Ruonan Song.

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