BLC, working with Baker McKenzie, has advised J.P. Morgan and UBS on Silk Road Group’s USD 400 million Eurobond issuance, which has been listed on the Irish Stock Exchange.
According to BLC, investor demand exceeded USD 1.3 billion, more than three times the offering size. The transaction marks one of the largest private-sector financings out of Georgia. The notes were marketed internationally, with broad participation from institutional investors.
BLC did not respond to our inquiry on the matter.
Editor's Note: After this article was published, Dentons announced that it advised Silk Road. The firm's team included Tbilisi-based Partner Avto Svanidze and Senior Associates Neli Tsivtsivadze, Sopho Mebonia, and Natela Otaridze and further lawyers in London.
