Clifford Chance advised Beko, a provider of sustainable home appliances in Europe, in connection with its debut syndicated corporate financing. Norton Rose Fulbright has advised a syndicate of 14 banks on the corporate facility. About the financing The financing package of EUR 350 million was arranged by Emirates NBD, Commercial Bank of Dubai PSC, First […]
Background
Banking & Finance
United Arab Emirates
Crédit Agricole CIB and Kepler Cheuvreux extended their ECM partnership
Crédit Agricole CIB and Kepler Cheuvreux have extended their Equity Capital Markets (ECM)partnership to encompass the Middle East and North Africa region (MENA). The partnership hasestablished a local presence for Kepler Cheuvreux in
Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Tasaheel for Financing (“Tasaheel”) in connection with an EGP 3.831 billion social sustainability securitization transaction. This transaction is the second issuance of Capital’s Fourth securitization
Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Halan in connection with an EGP 1.171 billion and an EGP 1.619 billion securitization transactions. These transactions are the first and second issuances of Capital’s Seventh
Clifford Chance advised Emirates NBD Capital and Standard Chartered Bank as arrangers and dealers in relation to the establishment of Albaraka MTN Shari’a-compliant trust certificate (“Sukuk”) issuance programme (the “Programme”) with Albaraka Türk
Clifford Chance has advised the Finance Parties on a €300 million loan made available to Türkiye İhracat Kredi Bankası (Türk Eximbank) under the guarantee of Multilateral Investment Guarantee Agency (MIGA). This marks the first
Adsero acted as local counsel regarding Egyptian law for the European Bank for Reconstruction and Development (EBRD) on signing an extension loan agreement of EGP 341 million with Abou Ghaly Motors (AGM). This loan will support
Trowers & Hamlins assisted Bank Nizwa in the bank’s inaugural Sukuk issuance of OMR 50 million. This transaction represents a significant milestone for the bank, the Islamic banking sector, and the GCC region. The strategic
Linklaters has advised a syndicate of lenders on a US$3bn multi-tranche, dual-currency upsize relating to an existing syndicated loan facility for ADES Holding Company (ADES). This transaction is a strategically important development for ADES,
Matouk Bassiouny UAE acted as the lead transactional legal counsel to Synapse Analytics in connection with securing USD 2 million from its funding round and handling all matters concerning its legal efficacy, negotiation, and closing. The
