Allen & Overy advises on murabaha facilities for Saudi Arabian telecommunications firm
Allen & Overy has advised Deutsche Bank, Crédit Agricole Corporate and Investment Bank and Société Générale as mandated lead arrangers on two murabaha facilities for Mobily, a Saudi Arabian telecommunications firm.
The two facilities were backed separately by Finnvera, the Finnish Export Credit Agency ($280m), and the Swedish Exports Credit Guarantee Board, EKN ($281m), with FEC and SEK respectively providing the funding.
The Allen & Overy team comprised partner Atif Hanif, senior associate Matt North and associate Jon Crookes. Partner Julian Johansen and associate Hosam Ghaith from Zeyad S Khoshaim Law Firm (in association with Allen & Overy) advised the mandated lead arrangers on Saudi law matters.
News from Allen & Overy
News from The Lawyer
Briefings from Allen & Overy
Extension of the sanctions relief provided for in the Joint Plan of Action between the P5+1 and the Islamic Republic of Iran
On 18 July 2014, the P5+1 (the US, the UK, Germany, France, Russia and China) agreed with Iran to extend their commitments under the Joint Plan of Action.
This year is expected to be a bumper year for pension risk transfer in the UK.
Analysis from The Lawyer
At the time of its launch Accutrainee was described as a revolutionary change to the training model. Has it proved to be so? Not really.
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm.