Three Firms Anchor $261 Million SPAC for Tanker Operator Heidmar

Seward & Kissel is representing Heidmar Inc., an Athens, Greece-based operator of supertankers and provider of maritime services to major energy companies, traders, and ship owners, on its go-public merger with a special purpose acquisition company.

Latham & Watkins is advising the SPAC, Home Plate Acquisition Corporation, on the proposed tie-up, which anticipates the combined company would have an equity value of around $261.4 million. Paul Hastings is advising Jefferies Group LLC, capital markets adviser to Home Plate and private placement agent in the transaction, according to a statement.

Heidmar says it has 60 vessels, including both crude oil and ...