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Latham Advises on VNET’s US$430 Million Convertible Bond Offering
March 27, 2025
Cross-border capital markets team represents underwriters on offering by the data center provider.
Latham & Watkins has advised the underwriters on the offering of US$430 million in aggregate principal amount of 2.50% convertible senior notes due 2030 by VNET Group (VNET), a leading carrier-neutral and cloud-neutral internet data center services provider in China.
The Latham team was led by Hong Kong corporate partners Posit Laohaphan and Benjamin Su, New York counsel Polina Tulupova, Beijing counsel Wei Wei and Hong Kong counsel Eric Yiu, with New York associates Jack Neff and Daniel Weiss, and Hong Kong associates Christine Lo and Lizzy Zhang.