Latham & Watkins Advises Initial Purchasers in CVR Energy’s Senior Notes Offerings Totaling US$1 Billion

CVR Energy, Inc. has announced the pricing of its private placement (the Offering) pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the Securities Act), of US$600 million in aggregate principal amount of 7.500% senior unsecured notes due 2031 (the 2031 Notes) and US$400 million in aggregate principal amount of 7.875% senior unsecured notes due 2034 (the 2034 Notes and, together with the 2031 Notes, the Notes).

Latham & Watkins LLP advised the initial purchasers in the offerings, with a Capital Markets team led by Austin partners Michael Chambers and Samuel Rettew, with associates Carol Bale, Don Izekor, Luisa Gomez Yokubaitis, and Natalie Merten. Advice on tax matters was also provided by Houston partner Byrant Lee, with associate Graham Core; and on environmental, health, and safety matters by Los Angeles partner Joshua Marnitz, with associate Nolan Fargo.