Michael Basist is an associate in the Houston office of Latham & Watkins.

Michael Basist represents and counsels financial institutions, public and private companies, and private equity sponsors in a variety of commercial lending, financing transactions, mergers and acquisitions, and debt and equity offerings, particularly in the energy industry.

Mr. Basist maintains an active pro bono practice, representing individuals seeking asylum with the USCIS and research-related matters pertaining to the work of Texas Appleseed.

Prior to joining Latham full-time, Mr. Basist was a summer associate in the Houston office.

While attending law school at Tulane University, Mr. Basist was the senior notes and comments editor for Tulane Maritime Law Journal and the senior managing editor of The Sports Lawyer.

Lender Representations

  • Anvil Channel Energy Solutions in the US$65 million term loan facility in connection with Certus Oil and Gas Inc.’s acquisition of Sitka Exploration Ltd
  • Citigroup in the US$1.25 billion revolving credit facility for California Resources Corporation
  • Scotia Bank as debtor-in-possession agent in connection with the chapter 11 bankruptcy proceedings for Gulfport Energy
  • Scotia Bank in the US$1.5 billion amendment and restatement to term loan and revolving credit facility for an independent energy exploration and production company
  • Private lender in the US$75 million revolving and term loan credit facility with a delayed draw term loan commitment for a cross-border software company
  • Francisco Partners in the $75 million senior secured notes facility in connection with Movella Inc. and Pathfinder Acquisition Corporation’s Business Combination 

Private Equity, Venture Capital, and Family Office Representations

  • EQM Midstream in its US$2.250 billion amendment to revolving credit facility 
  • Great Western Petroleum, LLC in its US$75 million exchange offer, and US$235 million senior secured second lien notes offering
  • Golden Nugget in its US$3.38 billion term loan and revolving credit facility for Fertitta Entertainment, LLC 
  • Rosecliff SPAC in its US$30 million PIPE offering
  • Lucid Energy Group in its US$3.55 billion acquisition by Targa Resources Corp.
  • Private equity backed Borrower side representation in its US$200 million term loan facility and US$25 million revolving loan facility
  • SparkCognition, Inc in its acquisition of AIM2

Public Company Representations

  • Energy Transfer LP in its US$7.2 billion acquisition of Enable Midstream Partners
  • Falcon Minerals Corporation in its merger with Desert Peak Minerals
  • Great Western Petroleum in its US$1.3 billion sale to PDC Energy
  • Mercuria Energy in its acquisition by a joint venture between Mercuria Energy Trading and Chevron U.S.A. of American Natural Gas LLC
  • A private-equity backed Special Purpose Acquisition Company in its business combination with a ground transportation management platform
  • Waste Connections Inc. in its US$1.5 billion senior notes offering and in its US$500 million senior notes offering
  • Florida Gas Transmission Company in its US$600 million senior notes offering
  • Independent exploration and production company, as borrower, in its reserved-based credit facility

Bar Qualification

  • Texas

Education

  • JD, Tulane University Law School, 2020
    Order of the Coif
  • BA in Political Science & Communication, University of Arizona, 2014
    magna cum laude