The second phase of the financing for the construction of Sadara Chemical Company’s integrated petrochemicals production complex in Jubail Industrial City II, Saudi Arabia was signed on 16 June, raising an aggregate of US$12.5 Billion. Sadara is a joint venture between The Dow Chemical Company and Saudi Arabian Oil Company. Milbank acted as international counsel to all of the lenders to the Project as well as to the joint lead managers of Sadara’s earlier US$2 billion Sukuk issuance (which was amongst the world’s largest project bonds).

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The Bogota office of Baker & McKenzie is pleased to announce that Juan Manuel de la Rosa has joined the Firm as a partner in the M&A/Private Equity Practice Group.

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Dilworth Paxson LLP is pleased to announce that Dr. Shawn Shiqing Li has joined the firm as a partner and newest member of its intellectual property practice. He will work out of the firm’s Philadelphia office.

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A tax and corporate team, led by tax partner Kathleen Russ and corporate partner Edmund Reed, have advised Partnership Assurance Group Plc (“PAG”) and its management team on matters relating to management shareholders and option holders in connection with the company’s listing on the main market of the London Stock Exchange on 12 June 2013 and an IPO involving the sale of shares by the management team and funds managed by Cinven.

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Miller & Martin PLLC is pleased to announce that Edward M. Newsom has joined the firm as a Member in the Atlanta office where he will continue his practice in product liability and toxic torts.

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