White & Case LLP has advised Citigroup, Société Générale and BCC Invest on the update of the Republic of Kazakhstan’s US$10 billion global medium term note programme and issuance thereunder of €525 million 1.55 percent Notes due 2023 and €525 million 2.375 percent Notes due 2028. The dual-tranche issuance is the first ever issue of […]
White & Case LLP has advised the underwriters on the offering. With approximately 20 percent of total global uranium primary production in 2017, Kazatomprom is the world’s largest producer of uranium. Its float is the first dual-listed IPO on the LSE and AIX, and the first Kazakhstani privatization by way of an international IPO under […]
White & Case, Pérez Bustamante & Ponce, Clifford Chance and Flor & Hurtado Abogados advised on the transaction IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, provides a financing package of $377 million for the construction, operation and maintenance of the first phase of the Multipurpose Terminal of the Posorja […]
Hogan Lovells has advised JGC Corporation, United Infrastructure Development Company (part of Bahwan Engineering Group) and Doosan Heavy Industries & Construction, the successful bidder, on the Sharqiyah Independent Water Project (“IWP”) in the Sultanate of Oman. The Sharqiyah IWP is a reverse osmosis seawater desalination plant that will sell approximately 80,000m3 of desalinated water per […]
Farabi Yanbu Petrochemicals Company (FYPC), a subsidiary of Farabi Petrochemicals Company (FPC), has signed a 2.15bn riyals Islamic financing agreement for the construction of a new petrochemicals complex on the Red Sea coast in Yanbu, Saudi Arabia. This follows the signing of a 1.2bn riyals loan agreement between FYPC and the Saudi Industrial Development Fund […]
White & Case LLP has advised a group of banks on the updates of the Kingdom of Saudi Arabia’s 144A/Reg S Global Medium Term Note Programme and Trust Certificate Issuance Programme, and on the issuance of US$2 billion Trust Certificates due 2029 under the latter. The transactions represent the first Sukuk issued in the international […]
White & Case LLP has advised the Arrangers and Dealers, including Citigroup, Deutsche Bank, Dubai Islamic Bank, First Abu Dhabi Bank PJSC, Emirates NBD Capital, HSBC and Société Générale Corporate & Investment Banking, on the 2018 annual updates of DP World Limited’s Rule 144A/Reg S US$5 billion global medium term note programme and US$3 billion […]
The Sultanate of Oman has sold US$1.5billion seven-year Sukuk certificates, its second foray into the international debt capital markets in 2018 following its issuance of US$6.5bn sovereign bonds in January. Linklaters advised the banks on the deal, including Citigroup, HSBS, JP Morgan, Gulf International Bank and Standard Chartered. The Linklaters team was led by Capital […]
White & Case LLP and Koutalidis Law Firm have advised the four systemic Greek banks – Alpha Bank, Eurobank, National Bank of Greece and Piraeus Bank – on their entry into an innovative and groundbreaking servicing agreement with Italian credit institution doBank S.p.A. Following an international tender process, Italy-headquartered doBank, which is listed on the […]
DLA Piper, Freshfields Bruckhaus Deringer and Ashurst advised on the deal WebJet has acquired Destinations of the World (DOTW) for $173 million, a move that significantly expands Webjet’s B2B accommodations supplier business, WebBeds. WebBeds operates around the world through its brands Sunhotels, JacTravel, Totalstay, FIT Ruums and Lots of Hotels. The addition of Dubai-based B2B […]
Shearman & Sterling advised Goldman Sachs Saudi Arabia, acting as the financial advisor to The Saudi British Bank (SABB), on the merger of SABB with Alawwal Bank (Alawwal). Following the non-binding agreement entered into on May 16, 2018, the boards of directors of SABB and Alawwal have approved the entry into of a binding merger […]
Eversheds Sutherland has advised Stolt-Nielsen LNG Holdings Ltd and Avenir LNG Ltd in connection with the investment by Stolt, Golar LNG Ltd and Höegh LNG Holdings Ltd. of US$182 million into Avenir. This investment will enable Avenir to pursue opportunities to deliver LNG to areas of stranded demand, as well as the development of LNG […]
