Production operator on OIl Rig
Our Work

Latham & Watkins Advises on Kodiak’s US$1.2 Billion Senior Unsecured Notes Offering

September 3, 2025
Texas-based team represents the underwriters in the offering by the contract compression services provider.

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 US$600 million in aggregate principal amount of 6.500% senior unsecured notes due 2033 (the 2033 Notes) and US$600 million in aggregate principal amount of 6.750% senior unsecured notes due 2035 (the 2035 Notes and, together with the 2033 Notes, the Notes). The 2033 Notes will have a maturity date of October 1, 2033, and the 2035 Notes will have a maturity date of October 1, 2035. The Offering is expected to close on September 5, 2025, subject to customary closing conditions. The Notes will be issued at par and will be guaranteed on a senior unsecured basis by the Company, its existing subsidiaries and certain of its future US subsidiaries that guarantee the Issuer’s revolving asset-based loan credit facility.

Latham & Watkins LLP is representing underwriters in the offering with a Capital Markets team led by Austin/Houston partner Michael Chambers, Houston partner Nick Dhesi, and Austin partner Samuel Rettew, with associates Rachel Collier, Carol Bale, and Mary Kline. 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 San Diego 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.

Endnotes