Press Release

Morgan Lewis Advises Nebius Group on $1 Billion Private Placement of Convertible Notes

June 10, 2025

London, June 10, 2025: Morgan Lewis represented AI infrastructure company Nebius Group N.V. in the private placement of senior unsecured convertible notes in an aggregate principal amount of $1 billion in two tranches: $500 million aggregate principal amount of 2.00% convertible notes due 2029 and $500 million aggregate principal amount of 3.00% convertible notes due 2031. The transaction completed on June 5, 2025.

Headquartered in Amsterdam and listed on Nasdaq, Nebius Group has a global footprint with research and development facilities in Europe, North America, and Israel.

The Morgan Lewis team advising Nebius Group includes partners Tim Corbett, Carter Brod, and Thomas D’Ambrosio and associates Ben Davies, Hazem Nakib, Valentina Semenikhina, David Bionghi, and Abbey Brimson.

For more, read Nebius Group’s announcement.