Trowers & Hamlins has advised Oman Arab Bank S.A.O.G. (OAB) on the issuance of up to OMR 10,016,460 unsecured, mandatory convertible bonds. The purpose of the issuance is to distribute dividends to OAB’s shareholders following OAB’s robust performance, financial and liquidity position. Trowers’ team The Trowers team was led by partner and head of finance […]
Dentons has advised Qatar International Islamic Bank (Q.P.S.C.) (QIIB) on its issuance of US$300 million Additional Tier 1 Capital Certificates. The transaction was completed on 2 October 2024. The issuance was more than eight times
Dentons has advised Commercial Bank of Qatar (P.S.Q.C.) (CBQ) on its issuance of CHF 225 million 1.7075% senior guaranteed green notes due 2027. The notes were issued by CBQ Finance Limited, a special purpose vehicle
Dentons advised Arada Developments, the largest property developer in the Northern Emirates of the United Arab Emirates, on a US$150 million tap of its drawdown issuance of US$400 million sukuk due 2029. The tap issuance was
Stephenson Harwood has advised TBO Tek (‘TBO‘), a global travel distribution platform, on the initial public offering (‘IPO’) of its equity shares. The IPO, valued at INR 1,551 crore, opened at 55% premium. This is significant in
AFG Holding, advised by Willkie Farr & Gallagher (France), has acquired a controlling stake in Access Microfinance Holding (AccessHolding) and indirectly its African subsidiaries, advised by Dentons (Germany). The former investor group behind AccessHolding included
Stephenson Harwood has advised PDS Limited (PDS) in connection with the UAE aspects of its successful qualified institutional placement of INR 430 core (US$ 51 million) in the Indian markets. Stephenson Harwood team The Stephenson Harwood team
Dentons has advised Bank of Sharjah on its issuance of US$500 million notes due 2029. The transaction was completed on 12 September 2024. The issuance received orders of US$1.4 billion and was just under three times oversubscribed. Dentons
White & Case has advised Estithmar Holding, a Qatar-based conglomerate, on the establishment of its QAR 3.4 billion trust certificate issuance programme and the inaugural issuance of QAR 500 million certificates due 2027 under the programme. White &
Latham & Watkins cross-border team has advised the underwriters on the closing of a previously announced underwritten public offering by a selling shareholder of Similarweb Ltd. (NYSE: SMWB), a leading digital market intelligence company. The
