Halliburton’s $3.5 Billion Revolving Credit Facility

Baker Botts advised Halliburton on the deal.

Halliburton Company entered into a Five Year Revolving Credit Agreement (the “Credit Agreement”) with a group of lenders and Citibank, N.A., as agent. The Credit Agreement provides for a $3.5 billion revolving credit facility, with the option to increase the aggregate revolving commitments thereunder to $4.0 billion. The Credit Agreement replaces the existing $3.5 billion Five Year Revolving Credit Agreement entered into in 2019 and can be used for general working capital purposes.

The Baker Botts team included: Shad Sumrow (Partner; Dallas; Picture), Josh Espinosa (Senior Associate; Dallas) and Spencer Crawford (Associate; Dallas); David Emmons (Partner; Dallas) and Sara Jones (Senior Paralegal; Dallas); Joshua Mandell (Partner; Dallas) and Peter Farrell (Special Counsel; Washington, D.C.); Paul Luther (Partner; Washington, D.C.).

 

Involved fees earner: Spencer Crawford – Baker Botts LLP; David Emmons – Baker Botts LLP; Josh Espinosa – Baker Botts LLP; Peter Farrell – Baker Botts LLP; Paul Luther – Baker Botts LLP; Josh Mandell – Baker Botts LLP; Shad Sumrow – Baker Botts LLP;

Law Firms: Baker Botts LLP;

Clients: Halliburton;

Martina Bellini

Author: Martina Bellini