Clifford Chance and Al Jadaan & Partners Law Firm Advise on a Proposed US$1.3 Billion Saudi Shipping Merger

International law firm Clifford Chance, in conjunction with Al Jadaan & Partners Law Firm, has advised The National Shipping Company of Saudi Arabia (Bahri) in relation to the proposed US$1.3 billion merger of the fleets and operations of Bahri and Vela International Marine Ltd., a wholly-owned subsidiary of Saudi Aramco. The definitive transaction documents were signed in Riyadh on 4 November 2012.

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Clifford Chance Advises on First of Its Kind US$1.5 Billion Lease Certificates Issuance by the Republic of Turkey

Clifford Chance advised the joint lead managers, Citigroup Global Markets Limited, HSBC Bank plc. and Liquidity Management House for Investment Company K.S.C.C. in relation to a lease certificate issuance by Hazine Müsteşarliği Varlik Kiralama anonim şirketi (the “Issuer”) on 26 September 2012 of Irish Stock Exchange-listed U.S.$1,500,000,000 2.803 per cent. lease certificates due 2018.

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Norton Rose Advises on £400 Million Development Financing of Kings Reach Tower in Southwark, London

The Dubai and London offices of international law firm Norton Rose advised a syndicate of Middle Eastern banks led by ABC International Bank plc, a European subsidiary of Arab Banking Corporation B.S.C, in relation to a senior Shariah compliant facility to Kings Reach Estates Limited, a joint venture between London developer CIT and Jadwa Investment for the redevelopment and refurbishment of the Kings Reach Tower in Southwark, London.

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Tags:  Norton Rose Fulbright | Dubai