Restructuring and insolvency example matters:

• Advising Hayfin Capital on its landmark financing of a luxury residential development (Imperial Avenue in Downtown Dubai) using a highly novel and creative approach, involving multiple creditors and requiring the collaboration of the real estate regulator.
• Confidential mandate relating to a high-profile UAE Central Bank regulated business.
• Confidential mandate relating to a key healthcare asset in the UAE, initially under the aegis of the Financial Restructuring Committee and now in a court-supervised process. 
• Advising the largest lenders to Dubai Drydocks in relation to its financial restructuring and acquisition by DP World. This deal won ‘Deal of the Year’ awards.
• Advising Alcoa Corporation on a debt-to-equity conversion of Ma’aden Rolling Company’s debt through the issuance of new shares to the Public Investment Fund (PIF) of KSA. This deal also won 'Deal of the Year' awards.  
• Advising OSN, one of MENA's largest broadcasting networks, on its debt restructuring opposite a wide syndicate of international, regional and local lenders, which included the injection of an additional subordinated facility by a new lender.
• Advising LafargeHolcim, a global leader in building materials, on the restructuring of the project financing arrangements of its joint venture in the UAE, Lafarge Emirates Cement, with a large syndicate of international, regional and local banks.
• Advising Gulf Pharmaceutical Industries / Julphar on the restructuring, refinancing and upsizing of multiple bilateral credit lines through the establishment of new, long-term, conventional and Islamic facilities on commercial terms consistent across all financiers.
• Advising a ministerial committee of the government of Saudi Arabia on a restructuring of systemic importance and dispute prevention work concerning a major conglomerate with businesses across the region.
• Advising a prominent international financial investor on the provision of an emergency liquidity facility to PwC as liquidators of ABRAAJ Holdings against a complex background and court proceedings in the Cayman Islands. The facility was afforded priority protection through the Cayman Islands court process.
• Advising The Investment Dar on its innovative US$1.2bn restructuring of its existing debt (involving sukuk, bilateral loans and syndicated facilities) by way of a settlement-in-kind offer. The Investment Dar owns significant stakes in various businesses, including Aston Martin.
• Advising a leading financial institution on the restructuring of a well-known education business based in the UAE involving multiple credit facilities at varying levels each with recourse to different assets.
• Advising Cerberus and Olive Rock on their acquisition of a stake in UEMedical, the operator of 21 hospitals and healthcare facilities across the GCC, from a distressed owner. 

Acquisition finance example matters:

• Advising General Atlantic on its $260 million Series D investment in Sun King (formerly Greenlight Planet), the largest provider of solar energy products for off-grid homes in Africa and Asia.
• Advising Warburg Pincus and General Atlantic on the financing of their joint acquisition of a stake in Network International, a leading payment solutions provider in the Middle East and Africa.
• Advising Goldman Sachs on the financing of a major Saudi Arabian investor's acquisition of a 50% stake in a joint venture with PepsiCo in Jordan and associated refinancing of its Saudi operations.
• Advising TPG and a global emerging markets financial sponsor on their Islamic financing for their joint investment in Kudu, a leading restaurant group in the Kingdom of Saudi Arabia.
• Advising Omantel on the financing of its public acquisition of a stake in Zain, a company listed on the Kuwait stock exchange.
• Advising Tunisie Telecom on the financing of its public acquisition of a majority stake in GO, a company listed on the Malta stock exchange.
• Advising Network International on a multi-source (Islamic and conventional) financing for its acquisition of Emerging Markets Payment Solutions from growth markets investor, Actis.
• Advising Alpek Polyester, the global integrated polyester-based business unit of Alfa SAB de CV, on the finance aspects of its acquisition of OCTAL for $620 million. OCTAL is a major producer of PET sheet and resin globally.
• Advising GFH Financial Group on the financing elements of its acquisition of a stake in AMA International University and the provision of financing for the purchase of a stake in the same by another shareholder.
• Advising Holcim Group on the financing elements of the sale of its business in India to Adani Group for $10.5 billion.

Direct lending example matters:

• Advising Ruya Partners Limited on a mezzanine financing for Starzplay, a leading video-on-demand streaming service in the Middle East.  
• Advising NBK Capital on a growth financing facility for Moove, an African mobility fintech company and Uber's exclusive vehicle supply partner in Sub-Saharan Africa
• Advising Jadwa Mezzanine Financing Opportunities Company on an Islamic mezzanine facility for the parent company of LSE listed ADES International Holding PLC.
• Advising NBK Capital on an Islamic mezzanine acquisition facility for GC Reach to acquire a significant minority stake in a KSA based HR and manpower supply company, Emdad Human Resources, making GC Reach one of the largest recruitment and outsourcing services in the Middle East.
• Advising GC Credit Opportunities, EBRD, AFC and IFC, amongst others, on their investment, by way of a convertible mezzanine financing, in Carbon Holdings, Egypt’s largest downstream oil and gas holding company.
• Advising Permira Debt Managers on a confidential financing involving a regional asset.
• Advising NBK Capital on an Islamic mezzanine facility provided to a subsidiary of Bait Al Batterjee Group for the development of private hospitals in Egypt and Morocco under the ‘Saudi German Hospital’ brand.
• Advising GC Credit Opportunities on a mezzanine financing (with equity kicker) provided to Olive Group (subsequently acquired by Constellis), a security company operating largely out of the GCC and Iraq.
• Advising NBK Capital on an Islamic mezzanine facility in connection with the acquisition by a sponsor of an education business in Saudi Arabia.
• Advising GC Credit Opportunities on a mezzanine facility (with equity kicker) made available to Amana Holdings Limited, a healthcare facility operator in the UAE.
• Advising NBK Capital on an acquisition facility made available to the Kuwait LBO Fund on its acquisition of a stake in a bakery business in Kuwait.
• Advising GC Credit Opportunities on its initial and follow-on investments in AMAK Petroleum, which is an Egyptian-based petroleum company with operations in Syria and Libya, by way of a mezzanine facility (with equity kicker).
• Advising NBK Capital on an Islamic mezzanine facility made available to a leading energy rental business operating in Saudi Arabia.
• Advising Investbridge Capital on a mezzanine financing for an investment in a UAE based real estate development company.
• Advising a regional financial investor on its debt investment into a UAE based serviced office business.

General banking and corporate finance example matters:

• Advising multiple SWFs and GREs in the GCC and their lenders on a variety of debt financing transactions (often widely syndicated) amounting to tens of billions of dollars in each of 2020 and 2021.
• Advising National Energy Services Reunited Corp., a NASDAQ listed leading provider of oilfield services in the MENA region, on its ESG-linked $860m multicurrency term and revolving credit facilities.
• Advising Metito Holdings Limited, a leading global provider of sustainable water and wastewater treatment solutions across 18 countries in Africa, Middle East and South-East Asia, on a sustainability-linked $120m multicurrency financing. 
• Advising First Gulf Bank on its merger with National Bank of Abu Dhabi, creating the largest bank in the MENA region (now First Abu Dhabi Bank).
• Advising Al Hilal Bank on a three-way merger with ADCB and Union National Bank creating the third largest bank in the UAE.
• Advising Abu Dhabi Polymers Co. Ltd (Borouge), a joint venture between a leading GRE and Borealis, on its debut $500m revolving credit facility.
• Advising flydubai on a US$500M syndicated multi-source (Islamic and conventional) financing. The facilities incorporated a wakala structure and were backed by IATA Clearing House receivables, a structure believed to be a first in the Middle East.
• Advising a major consortium of international and regional financiers on the c.$1.25bn multi-source (Islamic and conventional) financing for GEMS Education, the leading educational platform across 14 countries, in which Blackstone, Fajr Capital and Mumtalakat were (at that time) investors.
• Advising Emirates NBD Capital Limited and Emirates Islamic Bank PJSC on a AED550M multi-source (Islamic and conventional) financing for Emirates Healthcare Development Company, the owner of Saudi German Hospital, Dubai.
• Advising National Energy Services Reunited Corp. on a US$450m multicurrency term and revolving credit facilities arranged by HSBC, Mashreqbank, APICORP and Saudi British Bank.
• Advising National Bank of Abu Dhabi (now part of First Abu Dhabi Bank) on its acquisition of a portfolio of Indian loan assets valued at almost $1bn from Royal Bank of Scotland.