Daily News: March 28, 2013

Paul Hastings Represents KeyBank in Rex Energy Transaction


Paul Hastings, a global law firm, announced that the firm represented KeyBank as administrative agent and a joint lead arranger and joint bookrunner in connection with a financing agreement for Rex Energy Corporation.

The financing consisted of a $300 million senior secured amended and restated credit agreement with an available accordion of $200 million.

Rex Energy is a publicly-traded company that specializes in the acquisition, development and exploration of conventional and unconventional oil and natural gas liquids.

Finance partner Paris Theofanidis led the Paul Hastings team, which also included associate R. Cramer Miller.