Kirkland Advises Ad Hoc Group of Crossholders in Ligado Networks Restructuring & Financing
January 09, 2025
January 09, 2025
CHICAGO, Illinois, Jan. 9 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised an ad hoc group of crossholders of over $4 billion in principal amount of debt and equity in Ligado Networks LLC ("Ligado") in supporting Ligado's comprehensive balance sheet restructuring, which includes a proposed commercial transaction between Ligado and AST SpaceMobile Inc. and certain of its affiliates ("AST"), through a pre-arran . . .
Kirkland & Ellis advised an ad hoc group of crossholders of over $4 billion in principal amount of debt and equity in Ligado Networks LLC ("Ligado") in supporting Ligado's comprehensive balance sheet restructuring, which includes a proposed commercial transaction between Ligado and AST SpaceMobile Inc. and certain of its affiliates ("AST"), through a pre-arran . . .