Latham & Watkins Advises on Superior Energy Services’ US$600 Million Senior Secured Notes Offering

Superior Energy Services, Inc. has announced that its wholly owned subsidiary SESI, L.L.C. has priced the previously announced offering (the offering) of US$600 million aggregate principal amount of 7.875% Senior Secured Notes due 2030 (the notes). The notes are being offered only to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Act), and to non-US persons in reliance on Regulation S under the Act.

Latham & Watkins LLP represents the initial purchasers in the transaction with a Capital Markets team led by Austin partners David Miller and Samuel Rettew, with associates Paul Robe, Cooper Shear, Carol Bale, Diego Guimaraes-Blandon, and with assistance from Jack Bergantino. Advice was also provided on tax matters by Houston partner Bryant Lee, with associate Lucas Migliano; and on environmental, health, and safety matters by Los Angeles/Houston partner Joshua Marnitz, with associates Brian McCall and Bruce Johnson.