White & Case advises on US$300 million cross-border securitization facility for TruKKer

Global law firm White & Case LLP has advised on an inaugural trade receivables securitization facility of up to $300 million for TruKKer, backed by portfolios of trade receivables across its operating geographies across the UAE, Saudi Arabia and Türkiye.

"This transaction is a strong example of cross-border structured finance," said White & Case partner Debashis Dey, who led the Firm's deal team. "Harmonizing a Shari'a-compliant securitisation across the UAE, Saudi Arabia and Türkiye was a complex legal challenge. It sets a powerful precedent for the Middle East, proving that bespoke structured credit can successfully unlock institutional capital for high-growth tech enterprises."

ADCB acted as Sole Arranger and Sole Lender for the facility.

The White & Case team which advised on the transaction was led by partner Debashis Dey (Dubai & London) and included associates Eren Ayanlar (Dubai), Yuning Zhou (Hong Kong), Can Argon and İrem Gülderen (both Istanbul).

Press contact
For more information please speak to your local media contact.