Latham & Watkins has advised on a consent solicitation launched by JSC Silknet in relation to its US$300 million 8.375% Notes due 2027. On June 28, 2024, the resolution put forward by JSC Silknet was duly passed at a meeting of the holders of the notes. J.P. Morgan acted as the solicitation agent on the consent solicitation.
This was the third transaction by a Georgian issuer in relation to Eurobond debt on which Latham advised since the start of 2024.
The Latham team was led by London corporate partners David Stewart and Vladimir Mikhailovsky, with associate Clive Wong.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
