Debashis Dey

Partner, Dubai, London

Biography

“Truly fabulous” Debashis Dey is noted for “in-depth knowledge” and “vast experience”. Sources state that “he is frank in terms of what is doable and what the hurdles would be - he lays things out clearly for clients”.
Chambers Global

Overview

Widely recognised as one of the Middle East's leading capital markets lawyers, Debashis helps domestic and international clients to execute a spectrum of complex transactions.

His extensive track record, which spans more than 20 years, includes advising investment banks, corporates and governments on capital markets, securitisation and structured finance matters, including Islamic finance sukuk transactions, regulatory capital transactions, commercial and residential mortgages and consumer finance as well as sale, acquisition and securitisation of non-performing loans (NPLs) and distressed assets.

Noted for the pioneering dimension to his work, Debashis has led numerous product innovations in both conventional and Islamic finance, including the first covered bond in the US, the first convertible sukuk structure for Aldar PJSC, 'first-time' securitisations in Europe and the Middle East, and convertible and straight debt issues for corporates in the Reg S and Rule 144A markets.

A partner in the Firm's Global Capital Markets Practice, Debashis also offers clients the benefit of his wide-ranging international experience. Qualified in England and Wales, New York, British Columbia and Ontario, he has executed deals in and across jurisdictions in the GCC (UAE, Qatar, Saudi Arabia), Europe, the US and Asia.

Bars and Courts
Solicitor, England and Wales
Attorney, New York State Bar
Barrister and Solicitor, British Columbia
Barrister and Solicitor, Province of Ontario, Canada
Education
LLB
Osgoode Hall Law School

York University, Toronto

BA
Political Science
University of Western Ontario
Languages
English

Experience

First UK Government Export Credit Agency Guaranteed pre-funded sukuk*
Debashis advised the joint lead managers on the first UK Government Export Credit Agency Guaranteed pre-funded sukuk for Emirates Airlines.

Third sukuk issuance by the Republic of Turkey*
Debashis advised the joint lead managers on the Republic of Turkey's third sukuk issuance.

Offering and update of Rule 144a/Reg S GMTN programme*
Debashis advised DP World on its public equity-linked offering and update of its Rule 144a/Reg S GMTN programme.

First sukuk issuance by the United Kingdom*
Debashis advised the structuring bank and joint lead managers on the United Kingdom's inaugural £200 million sukuk issuance.

US$750 million sukuk issuance*
Debashis advised the joint lead managers on Aldar Properties' US$750 million sukuk issuance.

US$5 billion sukuk programme*
Debashis advised HSBC as lead arranger on the establishment of Abu Dhabi Islamic Bank's US$5 billion sukuk programme, listed on the Irish stock exchange.

Rule 144a/Reg S GMTN programme*
Debashis advised the joint lead managers on Mubadala's Rule 144a/Reg S GMTN programme.

*Matters prior to joining White & Case.

Awards and Recognition

Leading Lawyer (Band 1), Chambers Global 2015
Capital Markets: Debt – Middle East-wide

Leading Lawyer (Band 1), Chambers Global 2015
Capital Markets: Debt – United Arab Emirates

Leading Lawyer (Band 2), Chambers Global 2015
Islamic Finance – Middle East-wide

Leading Lawyer (Band 2), Chambers Global 2015
Banking & Finance: Islamic Finance – United Arab Emirates

Foreign Expert, Chambers Global 2015
Capital Markets – Saudi Arabia

Foreign Expert, Chambers Global 2015
Capital Markets: Debt – United Arab Emirates

Who's Who Legal 2015
Capital Markets – Structured Finance, Islamic Finance, Debt and Equity

Leading Lawyer, IFLR 1000 2014
Banking and Capital Markets – United Arab Emirates