Baikal Mining Company’sConstruction Contract With Renaissance Heavy Industries

A Clifford Chance cross-border team has advised Baikal Mining Company on a construction contract with Renaissance Heavy Industries to build the Udokan Mining and Metallurgical Plant. The value of the contract is approximately EUR380 million. Renaissance is to build an integrated plant that will include ore-dressing, leaching and crushing facilities as well as a conveyor […]

Government of the Sultanate of Oman’s Return To The International Debt Capital Markets

Clifford Chance has advised the Government of the Sultanate of Oman on its return to the international debt capital markets in 2019 with a US$3 billion dual-tranche offering (US$2.25 billion 6.000 per cent. Notes due 2029 and US$750 million 4.875 per cent. Notes due 2025) under the Sultanate’s Global Medium Term Note Programme. The transaction […]

Saudi Aramco’s $12 Billion Notes Offering

Latham & Watkins, in cooperation with the Law Office of Salman M. Al-Sudairi in the Kingdom of Saudi Arabia, has advised the underwriters on the establishment of Saudi Aramco’s Rule 144A/Regulation S Global Medium Term Note Programme and the issuance of notes thereunder. The landmark transaction represents Saudi Aramco’s debut international bond issuance. The issuance […]

Saudi Telecom Company’s $5 Billion Sukuk Bond Offering

Clifford Chance and Abuhimed Alsheikh Alhagbani Law Firm advised Saudi Telecom Company (STC) in relation to the establishment of its US$5 billion sukuk programme and its debut international capital markets issuance of US$1.25 billion 10-year fixed rate trust certificate by STC Sukuk Company Limited (the Certificates). STC is the leading telecommunications operator in Saudi Arabia […]

Twenty14 Holdings (LuLu Group)’s Acquistion Of The InterCity Hotel In Zurich Airport

International law firms Trowers & Hamlins, and Thouvenin Rechtsanwälte acted as legal counsel for Twenty14 Holdings with ADB as their Swiss tax counsel. Twenty14 Holdings (T14H), the hospitality investment arm of Abu Dhabi-based LuLu Group International, has entered into a forward purchase contract with Swiss real estate developer Necron AG for the upcoming IntercityHotel Zurich […]

Emirates NBD Bank PJSC’s $1 Billion Perpetual AT1 Capital Securities Offering

Norton Rose Fulbright advised HSBC Bank plc and Standard Chartered Bank as structuring agents, and BNP Paribas, Emirates NBD Bank PJSC, First Abu Dhabi Bank PJSC, HSBC Bank plc, Nomura International plc and Standard Chartered Bank acting as joint lead managers on the transaction Norton Rose Fulbright has advised on the first ever conventional Basel […]

Tronox Limited’s $2 Billion Acquisition Of Titanium Dioxide Business

Clifford Chance and AS&H advises leading Saudi chemicals producer Cristal on the completion of its cross border sale of titanium dioxide business to Tronox. The transaction, with an overall value of over US$2 billion in cash and share consideration involved complex restructurings in various jurisdictions Clifford Chance and Abuhimed Alsheikh Alhagbani Law Firm have advised […]