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Weil Advised Guggenheim Securities in a $750M Issuance of 144A and Privately Placed Notes by Jonah Energy LLC

Weil advised Guggenheim Securities, as underwriter and placement agent, in a $750 million issuance of 144A/Reg S and privately placed notes by Jonah Energy LLC, a large-scale, independent natural gas producer, that are backed by oil and gas proved, developed and producing (PDP) assets. The transaction marks not only Jonah Energy’s inaugural issuance but also the largest-ever standalone securitization of PDP Oil and Gas assets to date.

The Weil team that advised Guggenheim was led by Global Structured Finance & Derivatives Co-Head Frank P. Nocco. The team also included Energy, Oil & Gas associate Scott Bailey; Tax partner Daniel Nicholas; Executive Compensation & Benefits partner Sarah Downie; and Real Estate attorney Leslie Smith.