Baker Botts Ranks No. 1 in Texas Capital Markets Transactions for H1 2022 | New

HOUSTON, September 7, 2022 – The Texas Law Book ranked Baker Botts as the top legal counsel – both by number and deal value – for capital markets transactions conducted by Texas-based attorneys in the first half of 2022.

According to the publication, Baker Botts led all law firms with 17 deals worth $10.5 billion reported between Jan. 1 and June 30. Texas for this shorter period.

Notable capital markets transactions the company processed in Texas during the first half of the year include:

  • Cleco Power LLC in a $425 million utility securitization bond offering;
  • CenterPoint Energy Resources Corp. in connection with a $500 million offering of senior notes;
  • The underwriters in the $1 billion debenture offering for Burlington Northern Santa Fe;
  • Waste Management in a $1 billion senior note offering;
  • Sunnova Energy Corporation in residential solar securitizations totaling over $650 million;
  • Citigroup and Morgan Stanley in two separate block transactions for a selling shareholder of Magnolia Oil & Gas Corporation;
  • SHUAA Partners Acquisition Corp I in its IPO;
  • Valero Energy Corporation in connection with $650 million senior note offering and concurrent cash tender offers;
  • The underwriters of the initial public offering of Clean Earth Acquisitions Corp. ;
  • The initial purchasers of the senior note offering by Calumet Specialty Products Partners, LP and
  • The underwriters in the secondary public offering of Class A common stock of Liberty Energy Inc.

Baker Botts has extensive experience in managing virtually all types of capital markets and financing transactions, as well as specific industry and regulatory expertise necessary for many of the innovative financing structures used to raise capital at attractive in the current interest rate environment. Issuers, investment banks and private equity sponsors of all sizes across a range of industries rely on Baker Botts’ capital markets and finance teams to help them raise and deploy capital through a wide range of securities and loan products.

Baker Botts is an international law firm whose lawyers practice in a network of offices around the world. With our experience and knowledge of our clients’ industries, we are recognized as a leading company in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions to our clients while demonstrating an unwavering commitment to excellence. For more information, please visit

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