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News & Insights

Hess Midstream LP’s Registered Secondary Offering of Class A Common Stock

June 13, 2025

Cravath represented the underwriters in connection with the $559 million registered secondary offering of class A common stock of Hess Midstream LP, a fee‑based, growth‑oriented, limited partnership formed by Hess Midstream GP LP and Hess Infrastructure Partners GP LLC to own, operate, develop and acquire a diverse set of midstream assets and provide fee‑based services to Hess Corporation and third‑party customers. The transaction closed on May 30, 2025.

The Cravath team included partners D. Scott Bennett and Ryan J. Patrone and associates Sophia Premji, Abby Baskin and Sasha G. Savitsky on capital markets matters, and partner Arvind Ravichandran and associate Jonathan Minion on tax matters.

Related Practices & Industries

  • Corporate
  • Capital Markets
  • Tax

People

Photo
Name
D. Scott Bennett
Title
Corporate
Title
Partner
Email
sbennett@cravath.com
Phone
+1-212-474-1132
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    Education

    • J.D., 2006, Emory University School of Law
    • B.A., 2002, Duke University

    Admitted In

    • New York
    Photo
    Name
    Ryan J. Patrone
    Title
    Corporate
    Title
    Partner
    Email
    rpatrone@cravath.com
    Phone
    +1-212-474-1280
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      Education

      • J.D., 2015, New York University School of Law
        Order of the Coif; Florence Allen Scholar, magna cum laude
      • B.S., 2012, University of Florida
        summa cum laude

      Admitted In

      • New York
      Photo
      Name
      Arvind Ravichandran
      Title
      Tax
      Title
      Partner
      Email
      aravichandran@cravath.com
      Phone
      +1-212-474-1033
      vCard
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        Education

        • J.D., 2012, Columbia Law School
        • B.A., 2009, Columbia College

        Admitted In

        • New York

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        February 28, 2025

        Hess Midstream LP’s Registered Secondary Offering of Class A Common Stock

        Cravath represented the underwriter in connection with the $499 million registered secondary offering of class A common stock of Hess Midstream LP, a fee‑based, growth‑oriented, limited partnership formed by Hess Midstream GP LP and Hess Infrastructure Partners GP LLC to own, operate, develop and acquire a diverse set of midstream assets and provide fee‑based services to Hess Corporation and third‑party customers. The shares were listed on the New York Stock Exchange. The transaction closed on February 12, 2025.

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        February 26, 2025

        Hess Midstream Operations LP’s High‑Yield Senior Notes Offering

        Cravath represented the initial purchasers in connection with the $800 million 144A/Reg. S high‑yield senior notes offering of Hess Midstream Operations LP, a fee‑based, growth‑oriented, limited partnership that owns, operates, develops and acquires a diverse set of midstream assets and provides fee‑based services to Hess and third‑party customers. The transaction closed on February 12, 2025.

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        June 14, 2024

        Hess Midstream LP’s Registered Secondary Offering of Class A Common Stock

        Cravath represented the underwriter in connection with the $391.2 million registered secondary offering of class A common stock of Hess Midstream LP, a fee‑based, growth‑oriented, limited partnership formed by Hess Midstream GP LP and Hess Infrastructure Partners GP LLC to own, operate, develop and acquire a diverse set of midstream assets and provide fee‑based services to Hess Corporation and third-party customers. The transaction closed on May 31, 2024.

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        June 04, 2024

        Hess Midstream LP’s High‑Yield Senior Notes Offering

        Cravath represented the initial purchasers in connection with the $600 million 144A/Reg. S high‑yield senior notes offering of Hess Midstream Operations LP, a fee‑based, growth‑oriented, limited partnership that owns, operates, develops and acquires a diverse set of midstream assets and provides fee‑based services to Hess and third‑party customers. The transaction closed on May 16, 2024.

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