Latham & Watkins Advises on Kodiak Gas Services’ Additional US$200 Million Senior Unsecured Notes Offering
Kodiak Gas Services, Inc. (NYSE: KGS) (the Company) has announced that its subsidiary, Kodiak Gas Services, LLC (the Issuer), priced its previously announced private offering (the Offering) of an additional US$170 million in aggregate principal amount of 6.500% senior unsecured notes due 2033 and an additional US$30 million in aggregate principal amount of 6.750% of senior unsecured notes due 2035, being offered under the Company’s indenture dated September 5, 2025. The Offering is expected to close on September 22, 2025, subject to customary closing conditions. The Issuer intends to use the net proceeds from the Offering to repay a portion of the outstanding indebtedness under the Company’s revolving asset-based loan credit facility.
Latham & Watkins LLP represents the initial purchasers in the offering with a corporate team led by Austin/Houston partner Michael Chambers, Austin partner Samuel Rettew, and Houston partner Nick Dhesi, with associates Rachel Collier, Carol Bale, and Mary Kline, with assistance from William Brown. Advice was also provided on tax matters by Houston partner Bryant Lee, with associate Molly Elkins; on environmental matters by Los Angeles/Houston partner Josh Marnitz, with associate Nolan Fargo; on sanctions matters by Washington, D.C. partner Erin Brown Jones; and on ERISA matters by Washington, D.C. partner David Della Rocca.