Zaki Hashem & Partners (‘ZH&P’) is representing private equity firm B Investments in its agreement with OTMTA, the majority shareholder of Orascom Financial Holding (‘OFH’), on the OFH share swap tender offer in accordance with Chapter XII of the Executive Regulations of the Capital Markets Law. The legal team was led by managing partner Yasser […]
valU, a lifestyle-enabling fintech platform, has closed its fifth securitized bond issuance worth EGP 1.42 billion. This issuance is a crucial part of valU’s growth strategy to solidify its position as a comprehensive financial services
Banking & Finance
Capital Markets
United Arab Emirates
Commercial Bank of Dubai issues $500 mil inaugural green bond
Global law firm White & Case has provided legal counsel to HSBC and Standard Chartered Bank as global coordinators, along with Citigroup, Emirates NBD, First Abu Dhabi Bank, J.P. Morgan, and NATIXIS as joint
Banking & Finance
Deal & transactions
Saudi Arabia
Pinsent Masons advises SALIC on strategic partnership with Naqua
Multinational law firm Pinsent Masons has advised Saudi Agricultural and Livestock Investment Company (SALIC) on its acquisition of 42.4% in the National Aquaculture Group CJSC (Naqua), a company incorporated in the Kingdom of Saudi Arabia specialising
Banking & Finance
Oil & Gas
United Arab Emirates
Eversheds Sutherland on ADNOC Refining’s consortium deal
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
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
