Angela T. Richards

Recent representative matters in which Angela has advised clients include:

• Represented Games & Esports Experience Acquisition Corp. in its US$200 million initial public offering
• Represented Blue Ocean Acquisition Corp in its US$165 million initial public offering
• Representing NuStar Energy L.P. in the sale of eight storage terminal locations in the Northeast and Florida to Sunoco LP for $250 million
• Representing Stonepeak Infrastructure Partners and Oryx Midstream Holdings LLC, a portfolio company of Stonepeak Infrastructure Partners, in a joint venture with Plains All American (Nasdaq: PAA and PAGP) of their respective Permian Basin assets, operations, and commercial activities.
• Represented initial purchasers in $500 million 144A high yield debt offering by TapRock Resources, LLC
• Represented Legacy Reserves Inc. in connection with its restructuring of $1.4 billion of indebtedness in the Bankruptcy Court for the Southern District of Texas and $256 million of new capital from backstopped equity commitments and a rights offering
• Represented Pembina Pipeline Corporation in its $2.3 billion acquisition of Kinder Morgan Canada Limited (TSX: KML)
• Represented Pembina Pipeline Corporation in its $2.05 billion acquisition of the U.S. portion of the Cochin Pipeline system from Kinder Morgan, Inc.
• Represented NuStar Energy L.P. in connection with a public offering of $1.2 billion aggregate principal of 5.750% senior notes due 2025 and 6.375% senior notes due 2030
• Representing Enbridge Inc. in the $132 million purchase of crude storage assets from Blueknight Energy Partners
• Advised Texas Pacific Land Trust on its reorganization into Texas Pacific Land Corporation (NYSE: TPL), whose market capitalization was approximately $6.2 billion prior to market opening on the date of the reorganization
• Represented the Conflicts Committee of the Board of Directors of the general partner of Andeavor Logistics LP in connection with MPLX LP’s $9.4 billion acquisition of Andeavor Logistics LP
• Represented the acquirer in its $1.438 billion acquisition of a 50% interest in a pipeline company
• Represented the Conflicts Committee of the Board of Directors of the general partner of Andeavor Logistics LP in connection with Andeavor Logistics LP’s $1.55 billion acquisition of logistics assets from AndeavorRepresented an MLP in its merger with its NYSE-listed general partner
• Represented an MLP in its $590 million private placement of Series D Cumulative Redeemable Preferred Units
• Represented the underwriters in connection with a $400 million notes offering by an MLP issuer
• Represented the placement agent in a $265 million private placement of Class C Units by an MLP issuer
• Represented an MLP in an aggregate $3.0 billion offering of senior notes
• Represented an MLP in an aggregate $2.0 billion offering of senior notes and a $700 million offering of junior notes

Prior to joining Sidley, Angela’s extensive experience in assisting clients includes the following representative matters:

• Represented a private equity firm in connection with the $2 billion merger of two of its sponsored MLPs 
• Represented the underwriters to a midstream MLP in its $391 million initial public offering of common units
• Represented an MLP in its $281 million initial public offering of common units
• Represented a 50/50 sponsor of an MLP in the $443 million initial public offering of the MLP
• Represented an MLP in its $150 million offering of Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
• Represented an MLP in its $350 million offering of Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
• Represented an MLP in its $200 million offering of Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units
• Represented an MLP engaged in the operation of convenience stores and the wholesale distribution of fuel in connection with its acquisition of the remaining 68.42 percent membership interest in Sunoco, LLC and 100 percent interest in the legacy Sunoco retail business from Energy Transfer Partners, L.P. for approximately $2.226 billion 
• Represented an MLP engaged in the operation of convenience stores and the wholesale distribution of fuel in connection with its acquisition of Susser Holdings Corporation from Energy Transfer Partners, L.P. for approximately $1.94 billion 
• Represented an MLP engaged in the operation of convenience stores and the wholesale distribution of fuel in connection with its acquisition of a 31.58% membership interest in Sunoco LLC from Energy Transfer Partners, L.P. for approximately $816 million  
• Represented underwriters in $183 million initial public offering of common units of an MLP engaged in wholesale fuel distribution and related businesses
• Represented an MLP in its $4.41 billion acquisition of the general partner of Oiltanking Partners, L.P., and common and subordinated units of Oiltanking Partners, L.P. held by affiliates of the general partner
• Represented an MLP in its merger with Oiltanking Partners, L.P. 
• Represented an MLP in its $5.6 billion merger with TEPPCO Partners, L.P.
• Represented the conflicts committee of the board of directors of the general partner of an MLP in connection with the $12.3 billion purchase of transmission, storage, and liquids assets from Spectra Energy Corp.
• Special tax counsel to an MLP in connection with its $50 billion merger with Access Midstream Partners LP
• Special tax counsel to an MLP in connection with its merger with Williams Pipeline Partners L.P.
• Represented underwriters in the $114 million initial public offering of common units in Arc Logistics Partners LP
• Represented a midstream MLP in its $80 million initial public offering of common units
• Represented Rose Rock Midstream LP in its acquisition of a 33.3% interest in an entity that holds a 51% interest in White Cliffs Pipeline from SemGroup for $274 million
• Represented Rose Rock Midstream LP in its $181 million initial public offering of common units
• Special U.S. tax counsel to a Canadian energy infrastructure company in its $9.4 billion merger with another Canadian energy infrastructure company 
• Special U.S. tax counsel to a Canadian natural gas liquids infrastructure company in its $3.16 billion merger with a Canadian energy infrastructure company 
• Special U.S. tax counsel to a Canadian corporation on the merger of its oil and natural gas production business with a Calgary-based energy company 
• Special U.S. tax counsel to a Canadian income trust on its conversion to a corporation 
• Special U.S. tax counsel to a Canadian income trust in connection with the reorganization of the business of the trust’s subsidiaries into a public oil and gas services corporation