Latham & Watkins Advises Hess Midstream Partners in Secondary Public Offering of Class A Shares

Hess Midstream LP (NYSE: HESM) has announced the pricing of an underwritten public offering of an aggregate 11,100,000 Class A shares representing limited partner interests in HESM by a subsidiary of Hess Corporation and an affiliate of Global Infrastructure Partners, at a public offering price of US$27.00 per Class A share. The Selling Shareholders have granted the underwriters a 30-day option to purchase up to 1,665,000 additional Class A shares at the public offering price less underwriting discounts and commissions.

Latham & Watkins LLP advised HESM in the transaction with a corporate deal team led by Houston partner Thomas Brandt, Austin partner David Miller, and Houston/Austin partner Bill Finnegan, with associates Denny Lee, Anthony Tan, Anji Yuan, Morgen Seim, and Jordan Armstrong. Advice was also provided on tax matters by Houston partners Tim Fenn and Bryant Lee; and on environmental matters by Houston partner Josh Marnitz.