Largest Islamic financing in a multi-sourced project financing
Acting as senior KSA common counsel to the conventional and Islamic lenders for a KSA petrochemical project, including assisting with structuring and devising novel Islamic compliant structures to fit into a larger conventional financing worth USD 847 million. This transaction was awarded Petrochemicals Deal of the Year by Euromoney Magazine Middle East as it featured the largest ever Islamic financing in any multi-sourced project financing globally
Saudi Arabia