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Ellex Advises on Global Restructuring of ED&F Man Group

Ellex Advises on Global Restructuring of ED&F Man Group

Latvia
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Ellex has advised the coordinating committee of ED&F Man Group’s senior creditors in refinancing and extending the group’s financial debt, with the transaction taking place simultaneously in over 30 jurisdictions.

ED&F Man is a global commodities trader and broker. According to Ellex, “like many businesses in the commodities sector, ED&F Man has faced significant pressures arising out of the COVID-19 pandemic and soaring commodity prices.”

The Ellex team in Latvia included Associate Partner Valters Diure and Senior Associate Anna Misneva.

Ellex did not respond to our inquiry on the matter.

Editor's Note: After this article was published, Havel & Partners informed CEE Legal Matters that it had advised the ED&F Man Group on the local aspects of its USD 1.5 billion restructuring in the Czech Republic. The firm's team included Partner Filip Cabart and Legal Expert Ondrej Falta.

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