City firm becomes one of UK's first to advise bond holders in multi-billion pound restructure
September 25, 2002 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Simmons & Simmons has become one of the first UK firms to advise a group of bond holders in a major restructuring after winning a beauty parade to act on the multi-billion pound restructuring of German cable operating company Ish.
The City firm was appointed in July, following a beauty parade, to advise a group of bond holders, which include Goldman Sachs, Merrill Lynch and Sisu Capital, that between them hold £1.5bn of debt in the company.
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