Katy Norman | White & Case LLP International Law Firm, Global Law Practice

Katy Norman

Associate, London

T +44 20 7532 1778

E knorman@whitecase.com

Overview

Katy is an associate in the Energy, Infrastructure, Project and Asset Finance (EIPAF) Group in the London office. Her primary focus areas are project finance and energy and environmental matters, having previously worked for the United Nations in the international environmental law and policy fields. Katy joined the Firm as a trainee in August 2012 and qualified in August 2014, after spending six months overseas in our Singapore office working on corporate transactions in Southeast Asia.

Katy is committed to pro-bono work and contributed over 100 hours of her time to pro-bono projects in 2014.

Bars and Courts

  • England and Wales

Education

  • LLB (Hons), College of Law
  • Legal Practice Course, College of Law
  • Graduate Diploma in Law, College of Law
  • MSc, Environmental Science and International Development, University College London
  • BSc, Geographical Sciences, Bristol University

Languages

  • English

Experience

EnerjiSA Power Assets

Representing EnerjiSA Enerji Uretim A.S. in connection with the development of up to 5 GW of merchant power assets in Turkey (including hydro, CCGT, wind and lignite), which has raised €1.9 billion of project debt to date through a portfolio financing, including international and domestic syndicated banks, DFIs, export credit agencies, EBRD, IFC and EIB.

YASREF

Representing Yanbu Aramco Sinopec Refining Company (YASREF) Limited and its shareholders, Saudi Arabian Oil Company (Saudi Aramco) and China Petrochemical Corporation (Sinopec) on its US$4.7 billion syndicated loan facilities. The new loans partially refinance shareholder funds used for the construction of YASREF's grassroots full conversion oil refinery located in Yanbu Industrial City, Saudi Arabia that has the capacity to process 400,000 barrels of heavy crude oil per day and produces a full range of refined products. The financing combined a US$3.1 billion conventional facility and a US$1.6 billion shari'ah compliant murabaha facility.

Rabigh II Petrochemical Project

Representing Saudi Aramco (as sponsor, alongside co-sponsor Sumitomo Chemical Co., Ltd) on the development and financing for the US$8 billion expansion of an existing, world-scale petroleum refining and petrochemicals complex in Rabigh, Saudi Arabia.

Sadara Chemical Complex

Representing Saudi Aramco, in its joint venture with The Dow Chemical Company, on the project financing for Sadara Chemical Company to build and operate a US$20 billion world-scale integrated chemicals and plastics complex located in Jubail Industrial City, Saudi Arabia. The US$12.5 billion multisourced financing was the largest ever project financing in the chemicals sector, with loans amounting to US$10.5 billion provided by a combination of the Public Investment Fund of Saudi Arabia, seven export credit agencies and a diverse range of commercial banks and Islamic financial institutions. A further US$2 billion was raised by way of a sukuk issuance. This Project was selected as Middle East Petrochemical Deal of the Year 2013 by Project Finance Magazine, Project Finance Deal of the Year 2013 by IFLR and Global Finance Deal of the Year 2013 by the American Lawyer.

Cyan Partners LP Production Payment

Representing Cyan Partners LP on a US$125 million production payment financing with respect to the interests held in the Alba and Bacchus North Sea Oil fields by Endeavour (UK) Limited, the UK subsidiary of Endeavour International Corporation.