HWL Ebsworth has today announced that a significant Building & Construction and Property team has joined the firm’s Sydney office from Herbert Geer.

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Holland & Knight is pleased to announce that Oliver Agha has joined the firm as a partner and will head its Islamic finance and Middle East and North Africa (MENA) practices. Mr. Agha’s addition will strengthen the firm’s presence in the Middle East and bolster the firm’s banking and finance, infrastructure, and real estate capabilities in the region.

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Sidley Austin LLP announced today that William Blumenthal, a former General Counsel of the Federal Trade Commission, and Kenneth L. Glazer, a former Deputy Director of the Bureau of Competition at the Federal Trade Commission, will be joining Sidley as partners in the Washington, D.C. office. Karen Kazmerzak, formerly an attorney with the Bureau of Competition, also will be joining the firm as counsel.

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In a move that broadens its reach in Florida and bolsters its services to clients with international interests, Fox Rothschild LLP welcomes partner Raul J. Valdes-Fauli, who will spearhead the opening of a Coral Gables location for the firm.

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Sadara Basic Services Company today issued a SAR 7.5 Billion (equivalent to US$2 billion) project sukuk to help finance the construction of Sadara Chemical Company’s (Sadara) US$19.1 billion chemical and plastic production complex in Jubail Industrial City II, Saudi Arabia. Sadara, a joint venture between The Dow Chemical Co. and Saudi Arabian Oil Co., received approval for the sukuk issuance from the Capital Market Authority of Saudi Arabia last month and launched the issuance on March 13^th. The sukuk certificates have a 15.75-year term with the investors expected to receive return of 6 month SAIBOR plus a margin. The sale was limited to Saudi nationals or established companies holding a commercial registration number with the Ministry of Commerce and Industry of Saudi Arabia.

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Paul Hastings, a leading global law firm, announced today that the firm represented Dole Food Company, Inc., the world’s largest producer and marketer of fresh fruit and vegetables, in connection with its entry into a new credit facility, which consists of a $150 million revolving credit facility and a $500 million term facility with provisions for additional incremental loans.

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