Latham & Watkins Advises Investcorp on USD800M Financing Deal

Latham & Watkins has provided legal counsel to Investcorp Capital plc (Investcorp) on securing a significant US$800 million credit facility. This facility, arranged by a consortium of regional and international banks, underscores the strong support from major financial institutions in the region and beyond. Investcorp, known for its investment activities in private markets and capital financing services, will utilize a portion of the credit facility to refinance existing financial obligations within the Investcorp Group, with the remainder earmarked for general corporate purposes.  

The new facility was fully underwritten and arranged by five banks: Abu Dhabi Commercial Bank, Al Ahli Bank of Kuwait (DIFC Branch), Commercial Bank of Dubai, Gulf International Bank and HSBC Bank Middle East Limited. Strong participation interest from major regional and international banks allowed Investcorp to secure an additional US$200 million of participations beyond its initial US$600 million target. 

The Latham team was led by Dubai partner Christian Adams (pictured), with associates Isabel Overton and Mustafa Darwich

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