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 […]
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 […]
Greenberg Traurig represented Future Media in an acquisition that brought W Magazine together with Surface and Watch Journal to form Future Media Group. W is an American fashion magazine published by Condé Nast in print and online. W features stories about style through the lens of culture, fashion, art, celebrity, and film. W magazine has […]
Latham & Watkins LLP advised Swvl in the transaction. Cairo-based transportation startup Swvl, Inc. (Swvl) raised US$42 million in Series D Preferred Stock financing. The round was co-led by Swedish VC Vostok Ventures and Dubai-based BECO Capital, with China’s MSA and US-based Endeavor Catalyst. Swvl is an Egypt-based mass transit system that provides buses to […]
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 […]
Clifford Chance advised Baikal Mining Company on the execution of an equipment supply agreement with Outotec. The contract value was approximately EUR250 million. The Udokan copper deposit is the third largest copper deposit in the world (and the largest in Russia), with resources of more than 26 million tons of copper. The new metallurgical plant […]
Shearman & Sterling advised NMC Healthcare (NMC) on the formation of the joint venture (NMC KSA) between NMC and The General Organization for Social Insurance (GOSI) of the Kingdom of Saudi Arabia in the healthcare sector of the Kingdom. NMC KSA is being formed by GOSI’s contribution of its 38.88% stake in Tadawul-listed National Medical […]
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 […]
Ashurst has advised a consortium of lenders consisting of MUFG, SMBC, Samba Financial Group, Crédit Agricole Corporate and Investment Bank, The National Commercial Bank and The Norinchukin Bank on the successful closing of the Shuqaiq 3 IWP for a total value of more than 600 million dollars. The 450,000 cm/d independent water project in Saudi […]
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 […]
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 […]
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 […]
