Partner

Meaghan Connors

Banking & Finance, Mining, Critical Minerals

Houston +1 713 238 2724

mconnors@mayerbrown.com

“Meaghan was absolutely fabulous to work with - extremely responsive, organized and very intelligent."

"She's very knowledgeable and her response times are incredible."

Chambers USA

Overview

Meaghan Connors represents administrative agents, lenders, and borrowers in connection with various types of financings. Her experience includes secured and unsecured commercial transactions such as credit facilities (syndications, club deals, and single lender facilities) for working capital, asset-based financings, acquisitions, refinancings, high-yield debt offerings, debtor-in-possession financings, and other types of debt financings. Meaghan has a particular emphasis on the energy-related industries (hard rock mining and oil and gas pipeline). Meaghan also has extensive experience in cross border financings with complicated collateral arrangements.

Meaghan also frequently represents Canadian and Latin American financial institutions with both US and international matters in bank financings.

Experience

Represented Australian funds management company in connection with the provision of US$50 million gross revenue royalty for the development of the Florence copper mining project in Arizona.
Represented a Canadian Bank as administrative agent and arranger of acquisition financing for Hecla Mining Company to purchase all of the equity interests in the Greens Creek Mine (silver) and related venture near Juneau, Alaska, multiple follow-up financings resulting in the acquisition and mortgaging of the Casa Berardi Mine (gold) in Quebec and the Klondex Mines (gold) in Nevada. Also advised such Canadian bank with respect to Hecla Mining Company's Lucky Friday Mine (silver, lead and zinc) located in Idaho.
Represented a Canadian Bank as administrative agent in the financing and construction of Lundin's Eagle Mine (nickel and copper) in the Upper Peninsula in Michigan and acted as local US counsel in connection with several follow-up financings.
Represented lender in a $70 million unsecured working capital credit facility for a Guatemalan cement manufacturer and distributor.
Represented investment manager in a $750 million collateralized loan obligation facility.

Represented a Canadian Bank as administrative agent in the financing and acquisition by Magris Resources Canada of the Imerys Talc assets and Argonaut Mine (talc) located in Vermont, Three Forks Mine (talc) located in Montana and a processing mill located in Texas.
Represented a Canadian Bank as underwriter in a public offering of Hycroft Mining owner of the Hycroft Mine (gold and silver) located in Northern Nevada resulting in net proceeds of $83.1 million.
Represented a Canadian Bank as administrative agent in a credit facility to Coeur Mining, with the Palmarejo mine (silver and gold) in Mexico, the Rochester Mine (silver and gold) in Nevada, the Kensington Mine (gold) in Alaska and the Wharf Mine (gold) in South Dakota.
Represented administrative agent and collateral agent in the refinancing of a $350 million secured syndicated credit facility for an oil and gas company focused on the acquisition, development and production of oil and gas properties primarily in Oklahoma and Kansas.
Represented administrative agent and collateral agent in the refinancing of a $500 million secured syndicated credit facility for an oil and gas company focused on the acquisition, development and production of oil and gas properties primarily in Oklahoma, Kansas, Texas and Louisiana.
Represented institutional purchaser in a $65 million secured revolving credit facility for a gas compression provider.
Represented institutional purchasers in a $70 million senior private shelf facility for a gas transportation pipeline project.
Represented administrative agent and lender for the financing of a natural gas storage facility located in Colorado.
Represented Canadian Bank with regards to US collateral, in connection with the amendment and restatement of an existing revolving term credit facility in the amount of $350 million, and a term loan facility in the principal amount of $250 million to a Canadian corporation and a Swedish corporation with US subsidiaries.
Represented agent and lender in a $50 million secured revolving facility to an oil and gas company focused on the acquisition, development and production of oil and gas properties primarily in Texas, Louisiana and Mississippi.
Represented administrative agent and collateral agent in the rearrangement of a secured term loan facility in the amount of $44.5 million to a secured revolving credit facility in the amount of $125 million for an oil and gas company focused on the acquisition, development and production of oil and gas properties.
Represented seismic data provider, and certain of its subsidiaries, as borrowers, in a $125 million secured revolving credit facility (with a $45 million accordion) and a $50 million secured term facility.
Represented lender in a secured $50 million bridge loan to one of the world's largest silver producers.
Represented initial purchaser, underwriter, administrative agent, arranger and paying agent on an approximately $420 million multi-tranche bond issuance to provide financing for a Panamanian corporation, owner of a 223MW hydroelectric project in Panama.
Represented lenders in an unsecured $100 million acquisition financing for a Guatemalan cement manufacturer and distributor, for the repurchase of 20% of its stock.
Drafted and negotiated Debtor-In-Possession Credit Agreement as debtor’s counsel for ATP in one of the largest offshore exploration and production company bankruptcies, involving more than $3 billion in energy assets, in In re ATP Oil & Gas Corporation, in the United States Bankruptcy Court, Southern District of Texas, Houston Division. This matter was awarded “Energy & Services Turnaround of the Year” by Global M&A Network.
Represented lenders on construction and term financing for the 114 MW Renace II hydropower project in Guatemala.
Represented institutional purchasers in a $12.5 million senior secured credit facility, for recapitalization of a retail fashion manufacturer.
Represented Chapter 11 Debtor, leading producer of copper in the U.S., handling settlement of over 100 secured claims and judgment liens.
Represented administrative agent and lender in a $73.5 million secured credit facility to retail distributor of alcoholic beverages with over 100 leased locations.
Represented lender in a $48.5 million senior secured credit facility for companies that own and operate hospitals and provide related healthcare services, with 25 partnership physicians as guarantors.
Represented administrative agent and lender in an $18 million senior secured credit facility to a national and international airport retailer and services provider.
Represented National Bank of Canada in the US$33 million gold prepayment facility for i-80 Gold Corp., a Nevada mining operation. This prepaid forward arrangement was secured by i-80’s future transactions of gold and their mining property in Nevada.
Assisted Central Asia Metals Plc (CAML) as UK and US legal adviser in its bid for acquisition of New World Resources Limited for approximately A$185 million, by way of an Australian Court arrangement, to acquire a 100% interest in the Antler Project, a high-grade copper deposit located in Arizona in the United States. CAML is a UK incorporated base metals producer with operations in Europe and Asia.
Represented Mitsubishi on its US$1.4 billion “Copper World" joint venture with Hudbay Minerals, which will establish one of the highest-grade primary copper production sources in the US.
Represented Mesabi Metallics on the close of its US$100 million bridge loan for the construction and development of an iron ore project.
Represented a Chilean copper company on its approximately US$500 million financing for the repayment of its project finance facility extended to them in connection with the construction and development of their copper mining facility.

Recognition

Named “Up and Coming” for Banking & Finance Texas by Chambers USA 2024

Education

Rice University, MBA
Southern Methodist University Dedman School of Law, JD
Baylor University, BA

Admissions

Texas

Professional & Community Involvement

Member, Houston Bar Association – Oil, Gas & Mineral Law Section
Member, The Foundation for Natural Resources and Energy Law
Member, American Bar Association
Women in Mining UK
Member, Women’s Energy Network
Member, National Association of Women Lawyers
Mayer Brown Pro Bono Committee
Mayer Brown Women’s Forum-Houston Co-Chair