Slaughter and May advised John Lewis plc on a consent solicitation made to the holders of various outstanding bonds

Slaughter and May advised John Lewis plc on a consent solicitation made to the holders of the outstanding £275,000,000 8.375 per cent. bonds due 2019, the £300,000,000 6.125 per cent. bonds due 2025 and the £300,000,000 4.250 per cent. bonds due 2034 issued by John Lewis plc, relating to certain amendments to the terms and conditions of each series of bonds.  At the meetings of the holders held on 9 November 2016 the proposed amendments to the £300,000,000 6.125 per cent. bonds due 2025 and the £300,000,000 4.250 per cent. bonds due 2034 were approved.