Sidley represented NuStar Logistics, L.P., a wholly owned operating subsidiary of NuStar Energy L.P. (NuStar Energy) in connection with a public offering of US$1.2 billion aggregate principal amount of 5.750% senior notes due 2025 and 6.375% senior notes due 2030.
The Sidley team was led by partner George Vlahakos, with support from associates Kayleigh McNelis, Tanner Groce, and Sabina Wahl (all Houston), and capital markets partner David Ni (New York). Tax advice was provided by partner Angela Richards (Houston).
Sidley has advised NuStar Energy on numerous transactions and continues to rank among the top U.S. and global capital markets firms, both by deal value and by number of offerings.
NuStar Energy L.P., a publicly traded master limited partnership based in San Antonio, is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar currently has approximately 10,000 miles of pipeline and 75 terminal and storage facilities that store and distribute crude oil, refined products, and specialty liquids. The partnership’s combined system has approximately 75 million barrels of storage capacity, and NuStar has operations in the U.S., Canada, and Mexico.
