Southwestern Energy’s Amended and Restated Credit Agreement

Kirkland & Ellis counseled Southwestern Energy Company on the transaction.

Southwestern Energy Company (NYSE: SWN) entered into an Amended and Restated Reserve-Based Credit Agreement, dated April 8, 2022, which provides for a $3.5 billion maximum commitment and $2 billion in elected commitments and investment-grade “fallaway” provisions.

Southwestern Energy Company (NYSE: SWN) is a leading U.S. producer and marketer of natural gas and natural gas liquids focused on responsibly developing large-scale energy assets in the nation’s most prolific shale gas basins. SWN’s returns-driven strategy strives to create sustainable value for its stakeholders by leveraging its scale, financial strength and operational execution.

The Kirkland team was led by debt finance partners Will Bos (Picture), Rachael Lichman and Chad Davis and associates Michelle Williamson, Alan McCormick and Stephanie Owen; derivatives partner Jaime Madell; capital markets partners Matt Pacey and Anne Peetz and associates Billy Vranish, Nick Wetzeler and Jina Chung; tax partner David Wheat and associate Nicole Martin; employee benefits counsel Jack Bernstein; and environmental transactions partner Jonathan Kidwell and of counsel Jennifer Cornejo.

Involved fees earner: Jack Bernstein – Kirkland & Ellis; William Bos – Kirkland & Ellis; Jina Chung – Kirkland & Ellis; Jennifer Cornejo – Kirkland & Ellis; Chad Davis – Kirkland & Ellis; Jonathan Kidwell – Kirkland & Ellis; Rachael Lichman – Kirkland & Ellis; Jaime Madell – Kirkland & Ellis; Nicole Martin – Kirkland & Ellis; Alan McCormick – Kirkland & Ellis; Stephanie Owen – Kirkland & Ellis; Matthew Pacey – Kirkland & Ellis; Anne Peetz – Kirkland & Ellis; Billy Vranish – Kirkland & Ellis; Nick Wetzeler – Kirkland & Ellis; David Wheat – Kirkland & Ellis; Michelle Williamson – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Southwestern Energy Co;