Hogan Lovells advises Barwa Bank on $125m Islamic financing facility for Topaz
Hogan Lovells has advised Barwa Bank on a $125m Islamic facility made available to United Arab Emirates (UAE)-based Topaz Energy and Marine.
The Islamic financing facility will be used to finance 12 of Topaz’s vessels operating in the Arabian Gulf and the Caspian Sea. Comprising two separate structures, the facility involves a $110m Ijara-based financing scheme for 10 existing vessels and a £15m Istisna-based deal for the purchase of two new vessels under construction.
Hogan Lovells’ Dubai-based team was led by banking and finance partner Rustum Shah, assisted by senior associate Faraz Naqvi, Victoria Mesquita (associate) and James Clarke (associate).
The Dubai team was supported by partner Simon Gwynne and associate Patrick Moore from the law firm’s London-based asset finance team.
News from Hogan Lovells
News from The Lawyer
Briefings from Hogan Lovells
The claimant in Jobcentre Plus v Jamil worked in a job centre some 80 minutes’ travel time from home.
China’s new Trademark Law will come into effect on 1 May 2014. To implement the new law, new regulations have been drafted.
Analysis from The Lawyer
When a firm shouts loudly about a landmark merger, as SJ Berwin did when it joined forces with King & Wood Mallesons, departures are always likely to come under the spotlight.
The Lawyer’s latest Top 50 litigation firms list shows that business for dispute specialists is roaring along while new in-depth detail reveals the winning strategies