Brent Shultz

Practices

Education and Clerkships

J.D., University of Houston Law Center, magna cum laude; Executive Editor, Houston Law Review

B.A., Economics and Management, DePauw University, cum laude

Admissions

Texas

Profile

Brent Shultz helps business people in the banking, private equity and energy industries close the debt financings their businesses need to serve their customers and employees and to thrive in any business environment. He has negotiated and closed billions of dollars of complex debt financings.

Before joining Haynes and Boone, Brent was a financial analyst and strategic planner at a major airline, where he advised senior management on major strategic initiatives. Brent regularly draws on his business background to understand financing transactions from a business perspective and to closely listen to and understand his client’s goals. Clients trust Brent to execute their most important transactions in a smooth, practical and business-focused manner, and, as a result of his achievements Brent has been recognized in the Best Lawyers "One to Watch" directory for Banking and Finance.

Brent’s practice focuses on:

  • Fund finance (including capital commitment-secured facilities);
  • Energy finance (including reserve-based lending and credit facilities to midstream companies);
  • Cash-flow facilities (including investment grade and other corporate finance transactions);
  • Asset-based facilities (including asset-based lending, leveraged finance, acquisition finance and project finance); and
  • Restructuring, bankruptcy and workout matters.

Brent serves on the firm’s pro bono committee, representing pro bono clients in veteran’s matters and acting as counsel for The H.E.A.R.T. Program, a Houston nonprofit that helps adults with intellectual/developmental differences to achieve their potential. He also takes an active role in his community, holding leadership roles with his local church, volunteering with charitable organizations. He is the proud father of two daughters. 

Professional Recognition 

  • Included in the "Ones to Watch" category of Best Lawyers in America, Woodward/White, Inc., 2021

Mergers and Acquisitions

Human resources

Haynes and Boone Advises KMG in $495 Million Acquisition

Haynes and Boone, LLP Partner Bill Nelson led a team of lawyers who represented client KMG Chemicals Inc. in its acquisition of Flowchem, a leading manufacturer of pipeline performance products, from Arsenal Capital Partners. Haynes and Boone also advised KMG on the related financing of the transaction.

Selected Client Representations

  • $6 Billion Credit Facility for ConocoPhillips
    Represented the joint lead arrangers and joint bookrunners in connection with a $6 billion unsecured syndicated revolving credit facility for ConocoPhillips.
  • $5 Billion Subscription Financing
    Represented the administrative agent and arrangers of syndicated subscription-secured credit facility for a $15 billion real estate private equity fund, and various domestic and foreign affiliates thereof.
  • $2.75 Billion Subscription Financing
    Represented the administrative agent and arrangers of syndicated subscription-secured credit facility for Hellman & Friedman Capital Partners IX, L.P., a $16.524 billion fund, and various domestic and foreign affiliates thereof. The credit facility consisted of a revolving line with a domestic and foreign currency letter of credit option. The facility is secured by the unfunded capital commitments of over 400 separate investors.
  • $1.35 Billion Secured Financing
    Represented the Administrative Agent in connection with a $1.35 billion secured revolving and term loan facility to a major international ski resort. 
  • $750 Million Asset-Based Financing
    Represented an energy services company in connection with its $750 million asset-based lending transaction.
  • $600 Million Acquisition Financing
    Represented KMG Chemicals Inc. in connection with a $600 million revolving and term loan credit facility for its acquisition of Flowchem, a leading manufacturer of pipeline performance products.
  • $500 Million Credit Facility for Suburban Propane, L.P.
    Represented the lead arranger and bookrunner, and administrative agent, in connection with a $500 million secured syndicated revolving credit facility for Suburban Propane, L.P., a wholly-owned subsidiary of Suburban Propane Partners, L.P., a publicly traded master limited partnership engaged in nationwide marketing and distribution of, propane, fuel oil and refined fuels, and marketing of natural gas and electricity in deregulated markets.
  • $129 Million Term Loan Facility
    Represented Texas Capital Bank as sole lead arranger and administrative agent of a $129 million senior secured term loan credit facility, to SED Houston Real Estate, LLC, to finance, in part, the acquisition by certain affiliates of Redwood Capital Investments of the Houston-area territory assets and operations of Silver Eagle Distributors, L.P., one of the nation’s largest wholesale distributors of Anheuser-Busch and Grupo Modelo products.
  • $125 Million Acquisition Financing 
    Represented the lead arranger and bookrunner, and administrative agent, in connection with a $125 million secured syndicated revolving and term credit facility to a human resources company in connection with a major acquisition.
  • $75 Million Senior Secured Advancing Line of Credit
    Represented the mezzanine capital provider in the negotiation of a senior-secured credit facility to finance the development of Permian Basin oil and gas properties. 
  • $76 Million Project Financing
    Represented Deutsche Bank Securities Inc., as Mandated Lead Arranger and Lender for a $76 million secured loan facility to fund construction of a 7.5-megawatt (net) biomass-to-energy facility on the island of Kaua'i, Hawaii.

Selected Publications and Speeches

  • “Storm Clouds on the Oil & Gas Horizon: Is There a Silver Lining?”, Webinar Presentation, November 2019.
  • “Trends in Oil and Gas Syndicated Loans”, Webinar Presentation to the LSTA, December 2018.

Email Disclaimer