"Latham & Watkins Advises on ION Platform's $6.3 Billion Refinancing and Strategic Consolidation"

"Latham & Watkins advised dealer managers and underwriting banks on a major refinancing for ION Platform Investment Group Limited, involving a $3.6 billion exchange offer and consent solicitation for existing senior secured notes, alongside $2.7 billion in new senior secured notes due 2030 and 2032. The transactions aim to strengthen ION Platform’s financial position and support its strategic consolidation of ION Markets, ION Corporates, and ION Analytics. The legal team, led by partners Jeff Lawlis and Paolo Bernasconi, provided expertise across capital markets, finance, and tax matters."

Latham & Watkins advised the dealer managers and underwriting banks, including Goldman Sachs International, J.P. Morgan, UBS Investment Bank, BNP PARIBAS, IMI – Intesa Sanpaolo, Jefferies, Standard Chartered Bank, and UniCredit, on a significant refinancing transaction involving ION Platform Investment Group Limited (ION Platform). The transaction consisted of a US$3.6 billion (equivalent) exchange offer and consent solicitation across multiple series of existing senior secured notes issued by ION Platform’s subsidiaries, as well as new money offerings of approximately US$2.7 billion (equivalent) USD and Euro Senior Secured Notes due 2030 and 2032. The refinancing aims to strengthen ION Platform’s financial position, support its growth, and consolidate its strategic operations across ION Markets, ION Corporates, and ION Analytics. The Latham & Watkins team was led by partners Jeff Lawlis and Paolo Bernasconi and associate Michele Vangelisti, with associates Sonali Ladha and assistance from Giulio Maccarrone on US capital markets matters. Partner Noah Weiss provided advice on US finance matters, partner Aaron Bernstein and associate Fangyuan (Farrah) Yan advised on US tax matters, and partner Tracy Liu and associate Yuecheng (Liam) Feng provided advice on English finance matters.

"Latham & Watkins Advises on ION Platform's $6.3 Billion Refinancing and Strategic Consolidation"

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