Latham & Watkins Advises Sable Offshore Corp. on US$1.175 Billion Senior Secured Credit Facilities

Sable Offshore Corp. (NYSE: SOC) entered into new senior secured credit facilities consisting of a US$675 million senior secured term loan B facility and a senior secured reserve-based revolving credit facility with commitments of up to US$500 million.

Latham & Watkins LLP represented Sable Offshore Corp. in the financing with a corporate team led by Houston partners Craig Kornreich, Pamela Kellet, and Ryan Maierson, with associates Max Fin, Mei Randall, and Andrew Willis. Advice was also provided on tax matters by Houston partners Bryant Lee and Christine Mainguy, with associate Molly Elkins; and on regulatory matters by Orange County partner Josh Bledsoe, with associate Brian McCall.