October 17, 2019

Milbank Represents Teekay Offshore in Private Placement in Brazil

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Milbank LLP represented Teekay Libra Netherlands B.V. and Teekay Offshore Partners LP in connection with Teekay Libra Netherlands B.V.’s issuance of US$120 million senior secured notes through a US private placement. Teekay Offshore Partners L.P. is a leading international midstream services provider to the offshore oil production industry, primarily focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea, Brazil and the East Coast of Canada.

The Milbank team was led by Dan Bartfeld, head of Milbank’s Global Project, Energy and Infrastructure Finance Group, with associates Kristina Hokenberg and Guy Waldron.

Mr. Bartfeld said: “We are very pleased to work with leading global companies like Teekay Offshore on their most significant oil, gas and energy transactions in the Americas.”

Milbank has advised on a variety of successful private placement transactions throughout Latin America including Mexico, Brazil, Chile, Peru and Colombia across industries as varied as power, oil/gas and transportation infrastructure.