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Experience

Kurt Summers represents clients in lending and structured finance transactions, with an emphasis on oil and gas and asset-based transactions. His experience includes both lead arranger and borrower representations, secured and unsecured, ranging from small club deals to large syndicated transactions as well as volumetric production payment transactions.

Ranked among the top firms in Texas for Banking and Finance in Chambers USA 2019 by Chambers and Partners

National ranking for Banking and Finance Law in “Best Law Firms” 2019 by U.S. News-Best Lawyers®

  • $2.5 billion credit facility for a public, investment grade MLP operator of midstream energy assets
  • $2 billion senior secured credit facility for a public oil and gas exploration and production company
  • $800 million credit facility for a public MLP operator of midstream energy assets
  • $500 million senior secured credit facility for a public MLP operator of oil and gas assets
  • $500 million senior secured credit facility for a public midstream energy limited partnership
  • $500 million senior secured credit facility for a privately held oil and gas exploration and production company
  • $500 million credit facility for a public integrated natural gas company
  • $400 million credit facility for a public MLP operator of natural gas storage facilities
  • $400 million credit facility for a public MLP operator of midstream energy assets
  • $255 million senior secured credit facility for a privately held oil and gas exploration and production company
  • $4 billion revolving credit facility and $1.4 billion term loan facility for a public, investment grade international oil and gas exploration and production company
  • $2.5 billion senior secured credit facility for a public integrated oil and gas exploration and production and midstream company
  • $1.25 billion credit facility for a public, investment grade oil and gas exploration and production company
  • $1 billion credit facility for a public oil and gas exploration and production company
  • $850 million senior secured credit facility for a public midstream MLP
  • $750 million senior secured credit facility for a public oil and gas exploration and production company
  • $750 million senior secured credit facility for a privately held offshore oil and gas exploration and production company
  • $400 million senior secured credit facility for a private equity-backed midstream joint venture
  • $350 million senior secured credit facility for a private equity-backed midstream joint venture
  • $250 million senior secured credit facility for a private equity-backed salt water disposal company
  • $200 million senior secured credit facility for a public oil and gas exploration and production company
  • $200 million senior secured credit facility for a public concrete and aggregate company
  • $140 million senior secured term loan facility for an independent oil and gas exploration and production company, together with $65 million of convertible preferred units
  • $100 million senior secured credit facility for a private equity-backed midstream company
  • $100 million senior secured credit facility for a joint venture partner of midstream joint venture
  • Numerous senior secured credit facilities for upstream and midstream portfolio companies of top-tier equity sponsors, with aggregate lending commitments ranging from $100 million to $500 million
  • Seven transactions with purchase prices ranging from $180 million to $1.15 billion for the second-largest producer of U.S. natural gas (represented investment advisor to VPP seller)
  • $120 million transaction for a privately held oil and gas exploration and production company (represented VPP buyer)
  • $45 million transaction for a privately held oil and gas exploration and production company (represented VPP seller)
  • $34 million transaction for a privately held oil and gas exploration and production company (represented VPP buyer)
  • Represent both lenders and borrowers in asset-based loan transactions, with revolving and/or term commitments, for a wide range of industry sectors
  • Represent both issuers, indenture trustees, and/or collateral agents in public and private notes offerings
  • Represent both debtors and creditors in other structured finance transactions, secured and unsecured, with collateral for secured transactions varying across a wide range of personal property, fixtures and/or real property
  • Represent oil and gas producers and other end-users in negotiating ISDA Master Agreements and similar agreements for physical and financial hedging contracts
  • Represent debtors, creditors, and other stakeholders in out-of-court negotiated restructuring of debt agreements

Honors & Affiliations

Distinctions/Honors

  • Texas Rising Stars® by Thomson Reuters (Banking), 2016-2017

Memberships/Affiliations

  • Member, State Bar of Texas
  • Member, Dallas Bar Association
  • Member, New York State Bar Association

Education & Admissions

Education

  • J.D., 2007, summa cum laude, Texas Tech University School of Law; Order of the Coif; Technology Editor, Texas Tech Law Review; Student Editor, The Texas Bank Lawyer; Board of Regents Scholar; Class Vice President, Student Bar Association, 2004-2007; Grade Appeals Committee, 2005-2007; Phi Delta Phi
  • M.B.A., 2007, Texas Tech University
  • B.B.A., 1998, The University of Texas at Austin

Admissions

  • Texas
  • New York

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