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Deal Date: 28-11-2014 Practice Area: Debt Capital Markets
Deal Title: Zakher Marine International Inc Islamic Finance Facility Industry: Industrial Transportation
Description:
White and Case LLP advised Abu Dhabi Islamic Bank (ADIB), as sole bookrunner and initial mandated lead arranger, and a group of other lenders on a USD420 million Islamic financing provided to Zakher Marine International Inc. The financing, which was two times oversubscribed, also included Abu Dhabi Commercial Bank, Al-Hilal Bank, MashreqBank, Ajman Bank, Arab Bank, National Bank of Fujairah and Noor Bank. The White and Case team in the UAE which advised on this transaction was led by partner Shibeer Ahmed and included associates Sherief Rashed and Sara Al Awadhi.
Financial Center: Abu Dhabi Value: 100.01-500.00
Advised Party: Lead Manager Law Firm
Issuer Jurisdiction UAE Listing Jurisdiction UAE
Classification: Islamic Finance Islamic Finance Bank Loans Murabaha Facility
Lawyer Shibeer Ahmed