Representative matters include:
- Advised the Global Facility Agent in relation to a QAR 4.5 billion fully syndicated, combined Islamic and conventional financing to a development company sponsored by various Qatar-based corporates and ultra-high net worth individuals. The financing is being used to develop a high-end retail mall and leisure space in the new Lusail City and represents one of the largest projects of its kind ever seen in Qatar.
- Advised a conventional Qatari bank regarding a QAR 1.875 billion term loan financing to a Qatari real estate development company, secured and guaranteed by personal and corporate sponsors, for the construction of four hotels in downtown Doha, Qatar.
- Advised a conventional Qatari lender in connection with a QAR 2.5 billion financing for the development of a 1 million m² multi-use development, including a waterpark, resort hotel, restaurants, retail development, theme park, and amenities, in anticipation of use both during the FIFA 2022 World Cup in Qatar and beyond.
- Advised the Islamic division of a UAE lender regarding its bespoke USD 260 million Islamic working capital and term facility financing for a state oil company. This involved a full suite of Islamic working capital facilities (including wakala, ijara, and LC murabaha facilities) together with a term loan murabaha, all under a single common terms agreement.
- Advised an international sponsor-backed UAE-incorporated SPV borrower in connection with an AED 170 million acquisition finance arrangement involving the purchase of two UAE schools by means of two parallel ijara financing structures.
