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Overview

Jason H. Busch is a partner in the Global Finance practice of Paul Hastings and is based in the firm’s Houston office. His practice focuses on corporate lending, leveraged finance and other debt finance transactions, with a special focus in the energy industry. Jason has extensive experience representing commercial banks and financial institutions, direct lenders, private equity sponsors, and borrowers in a wide range of financing transactions, including syndicated bank loans, asset and reserve-based loans, unsecured investment-grade loans, structured financings, mezzanine financings, project financings and leveraged acquisition financings. Jason also has experience advising clients in connection with distressed loans, workouts, and restructurings. 

Jason is a Chambers USA ranked attorney in the Texas Banking & Finance guide, where clients described him as “extremely efficient and professional” and “very responsive and knowledgeable on current terms”. 

Recognitions

  • Chambers USA, Banking & Finance (2022-2024)

Education

  • University of Pennsylvania Law School, J.D. cum laude, 2011 (Certificate in Business and Public Policy, Wharton School of Business, 2011)
  • The University of Texas at Austin, B.B.A. with high honors, 2007

Representations

  • Advised the financing sources in Bain Capital's $4.5 billion take-private acquisition of Envestnet, a leading wealth management technology company.
  • Blue Owl Credit, Blackstone Alternative Credit, and Ares Capital in Permira’s $6.9 billion take-private acquisition of website design platform Squarespace
  • Lenders in connection with financing for the acquisition by Carlyle and Insight Partners, a global software investor, of Exiger, a market leading SaaS company
  • Lead arrangers in connection with the $5.6 billion financing commitment for KKR’s investment in healthcare data analytics firm Cotiviti
  • Spearmint Renewable Development Corporation in a variety of financing matters in connection with their battery energy storage business, including a $200 million senior secured delayed draw term loan facility and a $47.5 million secured notes facility
  • Syndicate of banks and direct lenders in connection with committed financing for the leveraged buyout of an international pipeline integrity business serving the oil, gas and other energy industries
  • Direct lender in connection with acquisition financing for the leveraged buyout of a leading regional lawn care business
  • Lead arrangers in connection with a financing commitment to support Madison Dearborn Partners’ acquisition of Shaw Development, an environmental engineering company focused on fluid management solutions
  • Texas Capital Bank in connection with a revolving credit facility to a pure-play Permian Basin produced water pipeline and recycling business
  • Macquarie Group in various debt financing matters in connection with its investment in Circularix, a producer of recycled polyethylene terephthalate (rPET)
  • Monroe Capital in connection with a financing to Exiger, a leading supply chain risk management and due diligence services provider
  • Direct lender in connection with an underwritten financing commitment to support the acquisition of a wastewater treatment business by a private infrastructure investor
  • Commercial bank in connection with a back-leverage credit facility made to a direct lender
  • JPMorgan Chase Bank in connection with senior secured financings to Maverick Natural Resources, including fully committed financing in connection with Maverick’s acquisition of assets from ConocoPhillips
  • JPMorgan Chase Bank in connection with numerous multi-billion dollar investment grade financings to Valero Energy Corp., a leading fuel refiner and downstream energy business
  • PureWest Energy in connection with its senior secured reserve-based revolving credit facility
  • Wells Fargo Bank in connection with multiple secured credit facilities for Chord Energy (formerly known as Oasis Petroleum Corp.), including an up to $2 billion reserve-based credit facility in connection with Oasis’ merger with Whiting Petroleum Corp.; and a secured credit facility for Oasis Midstream Partners, LP, its former midstream master limited partnership affiliate
  • Wells Fargo Bank in connection with a secured acquisition financing to a private-equity backed acquirer of mineral fee interests and royalties
  • Wells Fargo Bank in connection with numerous financing transactions for KKR-backed Crescent Energy Co. under its up to $3 billion reserve-based credit facility
  • Wells Fargo Bank in connection with a $270 million reserve-based credit facility for a minerals and royalties company backed by a top-tier private equity sponsor
  • JPMorgan Chase Bank in connection with a $115 million reserve-based credit facility for a private E&P company backed by a top-tier private equity sponsor
  • UBS AG as lender in an $18 million secured first lien term loan to a Utah-based oil and gas company
  • JPMorgan Chase Bank as the left lead arranger and administrative agent in a $1.6 billion senior unsecured credit facility and $500 million bridge facility for publicly-traded downstream energy company Murphy Oil Corp.
  • Wells Fargo Bank in an acquisition financing for an oil and gas company, including a subsequent out-of-court reorganization and recapitalization transaction
  • Wells Fargo Bank in connection with a reserve-based loan facility to a portfolio company of a top-tier private equity sponsor, including a subsequent second lien transaction
  • Wells Fargo Bank in connection with a secured hedging facility to an energy private equity fund owning passive oil and gas interests
  • Bank of Montreal in connection with a $150 million senior secured reserve-based loan to a portfolio company of a leading energy private equity sponsor, including a second lien transaction involving the incurrence of state-sponsored pandemic relief loans
  • Royal Bank of Canada in connection with a $200 million revolving credit facility to an Oklahoma-based gas gathering and processing company owned by an independent oil and gas producer
  • Royal Bank of Canada in connection with a $250 million revolving credit facility to a West Virginia-based gas pipeline and processing company backed by a leading energy private equity sponsor
  • Citibank as administrative agent in connection with a $140 million secured revolving credit facility to fund the recapitalization of a privately-owned E&P company
  • Wells Fargo Bank as administrative agent in connection with a $1.75 billion reserve-based loan to Earthstone Energy, a publicly-traded E&P company
  • Bank of Montreal as lead arranger and administrative agent in connection with a fully underwritten $730 million revolving credit facility to Bruin E&P Partners, subsequent workout matters, and all aspects of Bruin’s prepackaged Chapter 11 case, including DIP and exit financings
  • Royal Bank of Canada as lead arranger in a senior secured reserve-based revolving credit facility for Exco Resources, Inc., for the purpose of financing its emergence from Chapter 11 bankruptcy
  • Wells Fargo Bank as lead arranger in a committed financing for PennEnergy Resources, LLC, to fund the purchase of substantially all of the assets of Rex Energy Corporation in a 363 sale
  • UBS as lead arranger and administrative agent in an underwritten senior secured term loan of $67.5 million to BCE-Mach III LLC, to fund the purchase of substantially all of the assets of Alta Mesa Holdings and Kingfisher Midstream in a 363 sale
  • JPMorgan Chase Bank as lead arranger in a senior secured reserve-based revolving credit facility for Contango Resources, Inc., to fund the purchase of assets from White Star Petroleum in a 363 sale
  • JPMorgan Chase Bank as lead arranger in connection with $4 billion revolving credit facility and $1 billion 364-day revolving credit facility for Anadarko Petroleum Corporation
  • Royal Bank of Canada as administrative agent in connection with a $500 million credit facility to Linn Energy, Inc.
  • JPMorgan Chase Bank as lead arranger in connection with $2 billion senior unsecured investment grade credit facility to Tesoro Corporation
  • Commonwealth Bank of Australia in a financing to Nighthawk Energy and related restructuring matters
  • Wells Fargo Bank in numerous financing transactions with Legacy Reserves, including restructuring matters prior to its bankruptcy
  • Direct lender in a $30 million senior secured term loan to a Pennsylvania-based oil and gas company
  • JPMorgan Chase Bank in connection with numerous multi-billion dollar financings for NuStar Energy LP and NuStar Energy GP LLC, including eventual MLP simplification transaction
  • Wells Fargo Bank in a $2.5 billion reserve-based revolving credit facility to a publicly-traded independent oil and gas company
  • Wells Fargo Bank in numerous credit facilities totaling in excess of $2 billion to a family of structured oil and gas investment partnerships
  • Administrative agent and lead arranger in an over $1.5 billion multi-currency revolving and term credit facility to a global supplier of products and services in the oil, gas, chemical, petrochemical, process, power generation, and military industries
  • JPMorgan Chase Bank in a $250 million senior unsecured revolving credit facility to a midstream MLP
  • Direct lender in a $100 million first lien multi-draw note purchase facility to an independent oil and gas exploration and production company
  • Direct lender in multi-draw term loan facility of up to $50 million, secured by State of Alaska oil and gas production tax credits
  • Publicly traded independent oil and gas producer in a $3 billion revolving and term reserve-based credit facility

Matters may have been completed before joining Paul Hastings.

Practice Areas

Financial Restructuring

Corporate

Direct Lending and Private Credit Lending

Oil and Gas

Leveraged & Syndicated Lending

Energy


Languages

Englisch


Admissions

Texas Bar


Education

University of Pennsylvania Law School, J.D. 2011

University of Texas at Austin, B.B.A. 2007