White & Case LLP has advised Alpha Bank A.E. on its sale to a consortium of funds managed by affiliates of Apollo Global Management and International Finance Corporation, a member of the World Bank Group, of a mixed pool of non-performing loans (NPLs) to Greek SMEs and, together with Alpha Bank’s wholly-owned group company Alpha […]
Shearman & Sterling advised Investcorp on the launch of a joint venture with Aberdeen Standard Investments that will invest in infrastructure projects in Gulf Cooperation Council countries. The Firms plan to raise between $800 million and $1 billion. The new initiative will actively target greenfield and brownfield social and core essential infrastructure assets in sectors […]
Clifford Chance and Abuhimed Alsheikh Alhagbani Law Firm (AS&H) advised the financiers to Saudi Electricity Company (SEC), the Gulf’s largest utility provider and primary supplier to the Kingdom of Saudi Arabia, on their SAR15.2 billion (approx. US$4 billion) murabaha syndication facility agreement. National Commercial Bank, Al-Rajhi Banking & Investment Corporation, the Saudi British Bank, Banque […]
Clifford Chance is advising Union National Bank (UNB) in relation to their merger with Abu Dhabi Commercial Bank (ADCB) and their subsequent acquisition of Al Hilal Bank. This transaction will create the third largest financial institution in the UAE and the fifth largest in the GCC, with assets of AED420 billion (US$114 billion). It is […]
White & Case LLP has advised Resource Capital Fund VII L.P., a US-based private equity fund, in a 35 percent indirect equity acquisition of RG Gold, a gold mining company based in Kazakhstan. Resource Capital Funds VII L.P. is one of the leading global private equity funds focused on mining projects. Verny Capital, a major […]
White & Case and Cleary advised Kazakhtelecom JSC, Kazakhstan’s state-controlled telecommunications company, on the acquisition of a 75 percent stake in Kcell JSC, the leading mobile operator in Kazakhstan which is listed on the London Stock Exchange (LSE) and the Kazakhstan Stock Exchange (KASE). Kazakhtelecom has acquired Kcell from Telia Company and Fintur Holdings B.V., […]
White & Case LLP has advised a group of banks on the issuance of US$500 million Trust Certificates due 2025, with National Central Cooling Company PJSC (Tabreed) acting as the Seller and Service Agent. The Trust Certificates are listed on the London Stock Exchange, and the transaction represents the return to the debt capital markets […]
Hogan Lovells advised Natixis acting as Sole Underwriter, Initial Mandated Lead Arranger, Bookrunner, Hedge Provider, Offshore Security Agent and Offshore Account Bank to the ACWA Power led consortium on the successful project financing of the 300MW Sakaka Solar independent power plant (IPP) project in Saudi Arabia The 300 MW Sakaka IPP is the first utility-scale […]
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 […]
