Shearman & Sterling advised Citigroup Global Markets Inc., The Bank of Tokyo-Mitsubishi UFJ, Ltd., Mizuho Bank, Ltd. and Sumitomo Mitsui Banking Corporation, as joint lead arrangers, in connection with the approximately $230 million project financing for the Roadrunner natural gas pipeline. Roadrunner is an approximately 200-mile pipeline that will transport natural gas from Coyanosa, in the Waha production area of west Texas, to San Elizario, Texas, at the United States-Mexico border, to connect with Fermaca’s Tarahumara gas pipeline at the international border crossing with Mexico. The Roadrunner pipeline is sponsored by ONEOK Partners and Fermaca.

The Team