Global restructuring of ED&F Man Group

Ellex in Latvia successfully participated in the global restructuring of ED&F Man Group.

Ellex in Latvia assisted in advising the co-ordinating committee of ED&F Man Group’s senior creditors in the refinancing and extending of ED&F Man Group’s financial debt, which took place simultaneously in over 30 jurisdictions.

ED&F Man is a global commodities trader and broker. 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.

Ellex in Latvia was represented by Anna Mišņeva, Senior Associate and Valters Diure, Associate Partner.