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Akin Gump Advises El Paso Electric Company in Private Placement of Senior Notes

November 17, 2021

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(Houston) – Akin Gump has advised El Paso Electric Company, a regional electric utility company providing generation, transmission and distribution services in west Texas and southern New Mexico, in a private placement of $45 million aggregate principal amount of senior guaranteed notes due 2031 of Rio Grande Resources Trust II (the “Trust”). The Trust is a Texas grantor trust through which El Paso Electric finances its portion of fuel for the Palo Verde Generating Station.

The Akin Gump team advising El Paso Electric was led by corporate partner Cynthia Mabry. She was joined by fellow partner Eric Muñoz and associate Dasha Hodge.

Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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