A consortium of investors made up of the European Bank for Reconstruction and Development (EBRD), French financial fund manager Amethis and private equity firm SPE Capital has acquired a majority stake in GlobalCorp for Financial Services (GlobalCorp), a non-banking financial services company in Egypt. Established in 2015, GlobalCorp is an Egyptian non-bank lender with a current focus on […]
Capital Markets
Healthcare, Pharma & Life Sciences
United Arab Emirates
Baker McKenzie advises on the sale of New You Medical
chiara.seghi
9 June 2022
New You Medical Center, a day surgery medical and beauty center in Saudi Arabia focused on bariatric procedures, has completed the sale of a majority equity stake of 51% to Nomu-listed Arabian International Healthcare Holding Co. (“
Banking & Finance
Capital Markets
United Arab Emirates
Akin Gump advises on Perpetual Additional Tier 1 Bonds issued
chiara.seghi
9 June 2022
Akin Gump has advised Capital Investments (DIFC) and Capital Investments and Brokerage Company / Jordan as the sole structuring agent and manager, respectively, in respect of Capital Bank of Jordan’s inaugural $100 million Reg S perpetual
Capital Markets
Energy & Trading
United Arab Emirates
White & Case: Sweihan PV Power Company issues green project
chiara.seghi
9 June 2022
Global law firm White & Case LLP has advised the Abu Dhabi-based Sweihan PV Power Company (SPPC) on the issuance of its US$700.8 million 3.625% senior secured amortizing green project bonds due 2049. The bonds are governed