Public Offering of Over One Million Shares
GableGotwals acted as local counsel to a Fortune 1000, Oklahoma-based provider of natural gas distribution services in the public offering of over one million shares.
ONE Gas, Inc. in the Establishment of its At-the-Market Equity Program
GableGotwals advised ONE Gas, Inc. (“ONE Gas”), one of the largest natural gas utilities in the United States, in connection with the establishment of its at-the-market equity program to sell up to an aggregate sales price of $250,000,000 of shares of ONE Gas’ common stock over time, either through sales agents or forward counterparties.
OGE Energy and its Subsidiary in $1.1 Billion Revolving Credit Facilities
GableGotwals represented OGE Energy Corp. and its subsidiary, Oklahoma Gas and Electric Company, as sole and lead counsel in two new unsecured five-year revolving credit facilities with a combined borrowing capacity of $1.1 billion.
Oklahoma Gas and Electric Co. in a Public Offering of 5.4% Senior Unsecured Notes
GableGotwals acted as local counsel to Oklahoma Gas and Electric Co., a utility generation, transmission and distribution company, in the issuance of $450 million in aggregate principal amount of 5.4% Senior Notes, Series due January 15, 2033.
GableGotwals Advises Oklahoma Gas and Electric Co. in a Public Offering of 5.4% Senior Unsecured Notes
The GableGotwals team was led by Jeff Haughey with assistance from Shareholders Jordan B. Edwards, Thomas J. Hutchison, and associate Bailey S. Barnes.
$750 Million Debt Offering
GableGotwals and Latham & Watkins advised ONEOK, Inc., a leading midstream service provider, in a debt offering valued at $750 million. Shearman & Sterling represented underwriters, including Barclays, Mizuho Securities USA LLC, Toronto-Dominion Bank and Wells Fargo Securities who acted as the underwriters’ representatives. The notes come due in 2032.
$1.1 Billion Revolving Credit Facilities
GableGotwals represented OGE Energy Corp. and its subsidiary, Oklahoma Gas and Electric Company, as sole and lead counsel in two new unsecured five-year revolving credit facilities with a combined borrowing capacity of $1.1 billion.