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Latham Advises on Silknet’s Consent Solicitation in Relation to US$300 Million Notes Offering
July 1, 2024
London capital markets team represents the solicitation agent in the transaction.
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.