Tags : cn1

Banking & Finance Saudi Arabia Services

Baker McKenzie on Saudi Electricity Company SAR10B financing 

Baker McKenzie has acted as legal counsel for the facility agent and lenders involved in a syndicated financing deal for Saudi Electricity Company (SEC), represented by Allen & Overy. The financing, worth Saudi Riyal 10 billion, utilized a Shari’ah-compliant commodity murabaha structure and was provided by a club of nine Saudi and regional banks.   […]

Deal & transactions Egypt Energy & Trading

Norton Rose and Al Kamel Law on the acquisition of Lekela

Infinity Power Finalizes Acquisition of Lekela Power in Africa’s Biggest Renewable Energy Deal The Advisors  Norton Rose Fulbright, Al Kamel Law, Cantor Fitzgerald, Absa CIB, Ernst & Young and AFRY advised Infinity Power on the transaction.    Absa CIB and MCB acted as the Mandated Lead Arrangers on the acquisition financing facilities.   Infinity Power, a […]

Banking & Finance Banking & Finance Saudi Arabia

Goldman Sachs and Tamara seal deal for BNPL Saudi expansion

Global law firm White & Case has provided legal counsel to Goldman Sachs International on a warehouse securitisation worth up to USD150 million. The transaction involved buy now, pay later (BNPL) receivables originating from Nakhla for Information Technology Systems (Tamara) in Saudi Arabia.  The latest round brings Tamara’s total funding in equity and debt up […]

Appointments Saudi Arabia

Clyde & Co appoints new corporate partner Mohammed Almarzouki 

Global law firm Clyde & Co continues rapid expansion in Saudi Arabia with the appointment of new corporate partner in its Middle East and Africa (MEA) region, Mohammed Almarzouki (pictured). Based in the firm’s Riyadh office, Almarzouki is joining Clyde & Co’s Global Corporate & Advisory practice.  Almarzouki is a distinguished corporate partner who provides guidance […]

Banking & Finance Deal & transactions United Arab Emirates

ADGM and Zand Bank partner to support Abu Dhabi’s Tech

With its in-house legal team led by Eyad Mahadeen (pictured), chief legal officer and board secretary at ADGM, Abu Dhabi Global Market (ADGM) have joined forces with the UAE’s first all-digital bank licensed by the UAE Central Bank, Zand Bank, to support technology-based small and medium enterprises (SMEs) in Abu Dhabi.   As per the Memorandum of […]