Eversheds Sutherland provided legal counsel to Natixis Bank and Arab Petroleum Investments Corporation (APICORP) as lenders in the consortium’s acquisition of ADNOC Refining’s two waste management facilities in the Ruwais Industrial Area of Abu Dhabi. The consortium, consisting of Vision Invest, ADQ, and Veolia, utilized a groundbreaking project financing structure in the region for […]
Herbert Smith Freehills and White & Case provided legal advice on MTN Group Limited’s revolving credit facility valued at up to USD 1 billion. The facility aimed to refinance the company’s existing arrangement. White &
Banking & Finance
Capital Markets
Other
Meysan Partners advises Investcorp in automotive transaction
Meysan Partners has provided legal counsel to Investcorp Gof Holding Company 1 W.L.L and Investcorp Gof Holding Company 2 W.L.L (Investcorp) in a divestment involving the shareholders of Automak Automotive Company. Automak
International law firm Trowers & Hamlins provided legal counsel to Oman International Development & Investment Company SAOG (Ominvest) in the redemption of its OMR60,638,000 perpetual subordinated bonds, utilizing its call option. The transaction was
Asafo & Co. worked alongside the pan-African banking group, Coris Group, in signing an agreement for the acquisition of the subsidiaries Societe Generale Mauritania and Societe Generale Chad, currently majority-owned by the Societe Generale Group..
Banking & Finance
Egypt
Transport
Afreximbank Grants $44M Aircraft financing facility to CIAF Leasing
Afreximbank, the African Export-Import Bank, has granted a US$44 million aircraft financing facility to CIAF Leasing, a company based in Egypt. The facility aims to strengthen CIAF Leasing’s leasing operations by enabling the acquisition
Banking & Finance
Capital Markets
Egypt
Dreny & Partners on Enmaa Finance’s EGP759m inaugural securitization
Dreny & Partners acted as legal counsel in the successful completion of Enmaa Finance’s inaugural securitization transaction. The transaction involved the securitization of Enmaa Finance’s financial leasing portfolio, amounting to EGP 759 million, as
Banking & Finance
United Arab Emirates
Clifford Chance: Majid Al Futtaim issues $500 million green sukuk
Clifford Chance, an international law firm, provided legal advice to Majid Al Futtaim (MAF), a prominent conglomerate in the Middle East, Africa, and Asia, on the issuance of a US$500 million green sukuk. Majid Al
Banking & Finance
Services
United Arab Emirates
Dentons on US$500M Trust Certificates Issuance by MAF Sukuk
Dentons provided legal counsel to the managers in a successful issuance of US$500 million Trust Certificates by MAF Sukuk, an SPV incorporated in the Cayman Islands. The transaction was completed on June 1, 2023, with Citigroup, HSBC,
Banking & Finance
Capital Markets
Egypt
AUR Leasing & Factoring closes EGP1.124B securitized transaction
Dreny & Partners has acted as legal counsel on the successful closure of AUR Leasing & Factoring securitized transaction, valued at EGP 1.124 billion. This transaction is part of a comprehensive 3-year multi-issuance program with
