News Releases

Baker Botts Represents Halliburton in $3.5 Billion Revolving Credit Facility


On April 27, 2022, Halliburton Company entered into a Five Year Revolving Credit Agreement (the “Credit Agreement”) with a group of lenders and Citibank, N.A., as agent. The Credit Agreement provides for a $3.5 billion revolving credit facility, with the option to increase the aggregate revolving commitments thereunder to $4.0 billion. The Credit Agreement replaces the existing $3.5 billion Five Year Revolving Credit Agreement entered into in 2019 and can be used for general working capital purposes.

Baker Botts represented Halliburton in the transaction.

The Baker Botts team included:

Finance: Shad Sumrow (Partner; Dallas), Josh Espinosa (Senior Associate; Dallas) and Spencer Crawford (Associate; Dallas)

Corporate: David Emmons (Partner; Dallas) and Sara Jones (Senior Paralegal; Dallas)

Tax: Joshua Mandell (Partner; Dallas) and Peter Farrell (Special Counsel; Washington, D.C.)

International Trade: Paul Luther (Partner; Washington, D.C.)

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


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