Hashim Eltumi

Associate, London

Biography

Overview

Hashim is an associate in the Firm's Capital Markets group in London. He concentrates on corporate and sovereign bonds issuances, debt restructurings and refinancings, with a particular interest in emerging markets.

Hashim has experience in relation to cross-border bonds issuances, insolvency processes, major financial restructurings and consent solicitations. In addition, his experience includes involvement in project and asset financings, corporate restructurings and various M&A transactions.

Hashim spent six months working in the Firm's Singapore office, where his focus was on corporate M&A matters.

Bars and Courts
England and Wales
Education
LLB, GDL and LPC
University of Law
BA
History
School of Oriental and African Studies
Languages
English
Arabic

Experience

Advised Oi S.A., one of Brazil's largest integrated telecommunications enterprises, on the restructuring of its English law governed bonds as part of its US$20billion debt restructuring operation, the largest-ever in Latin America.

Represented the Kyiv City Council on its debt restructuring operation consisting of various consent solicitations to facilitate the exchange of all outstanding 8.00% loan participation notes due 2015 for new 7.50% loan participation notes due 2022.

Represented Ukreximbank, the State Export-Import Bank of Ukraine as Borrower on the offering of the UAH4.051 billion (equivalent to approximately US$150 million) 16.5%. Loan Participation Notes due 2021.

Represented Nord Stream AG as project company on the partial refinancing via two replacement loans from an intermediate company funded by €628 million of privately placed ten-year fixed rate secured notes.

Advised OJSC International Bank of Azerbaijan on the restructuring of approximately US$3.4 billion of its financial indebtedness, which was exchanged for US$2.27 billion in new direct sovereign obligations issued by the Ministry of Finance of the Republic of Azerbaijan, and US$1 billion in new debt securities issued by OJSC International Bank of Azerbaijan.

Represented Deutsche Bank, Natixis, Standard Chartered Bank, JPMorgan and BNP Paribas, as Joint Lead Managers and Dealer Managers, in relation to the tender offer in respect of Côte d'Ivoire's 2024 and 2032 Notes and the offering of (a) US$1.25billion amortising notes due 2033 and (b) €625million notes due 2025.

Represented Ukreximbank and Oschadbank, both state-owned Ukranian financial institutions, on the successful reprofiling of their US$2.7billion international capital markets indebtedness.

Represented the Republic of Zambia in connection with its 12-year US$1.25billion Eurobond offering.

Represented of J.P. Morgan, UBS, Halyk Finance, Citigroup and MUFG as joint arrangers, managers and dealer managers on the update of the US$10.5 billion global medium-term note programme and issuance thereunder of the US$500 million 4.750% notes due 2025, US$1.25 billion 5.375% notes due 2030 and US$1.5 billion 6.375% notes due 2048 by JSC NC "KazMunayGas" and tender offer and consent solicitation in respect of the outstanding US$1.5 billion 7.000% notes due 2020, US$1.25 billion 6.375% notes due 2021, US$500 million 4.875% notes due 2025 and US$2 billion 5.750% notes due 2043 of JSC NC "KazMunayGas".