We advised the representatives of the initial purchasers on the offering

Davis Polk the representatives of the initial purchasers in a Rule 144A offering by Atlas Energy Solutions Inc. of $450 million aggregate principal amount of its 0.50% convertible senior notes due 2031, including $60 million aggregate principal amount of convertible notes pursuant to the full exercise of the initial purchasers’ option to purchase additional convertible notes. In addition, Davis Polk advised the counterparties to capped call transactions entered into in connection with the offering. Atlas’ common stock is listed on the New York Stock Exchange under the symbol “AESI.”

Atlas Energy is a leading proppant producer and logistics and distributed power solutions provider, primarily serving the Permian Basin of West Texas and New Mexico. The company has driven innovation designed to provide industry-leading environmental benefits by reducing energy consumption, emissions and its aerial footprint.

The Davis Polk capital markets team included partner Pedro J. Bermeo and associates Kanger Jin and Corinne Cunillera. The equity derivatives team included partner Mark J. DiFiore, counsel Hanbing Zhang and Gregory E. Marchesini and associates Erik Oakley and Chanique C. Vassell. The tax team included partner Lucy W. Farr and associate Yueyu Yang. All members of the Davis Polk team are based in the New York office.

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