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.
Representing Rabigh Refining and Petrochemical Company, a joint venture between Saudi Aramco and Sumitomo Chemical Co., Ltd., in relation to the project financing of a US$9.9 billion refinery and petrochemical project located in Rabigh, Saudi Arabia.
Representing New World Resources Plc in in its comprehensive capital structure review and its €95 million divestment to Metalimex of its coke subsidiary, OKK Koksovny, a.s.
Representing Saudi Aramco on the US$1.3 billion merger of the fleet and operations of its wholly-owned subsidiary Vela International Marine Ltd, with The National Shipping Company of Saudi Arabia (Bahri).
Representing UBS Securities LLC, HSBC Bank plc and Mizuho Bank, Ltd. as joint lead arrangers and lead bookrunners and UBS AG, Stamford Branch as administrative agent in respect to First-Lien and Second-Lien Credit Agreements with aggregate principal amounts (the US$ equivalent) of up to £150m and £70m respectively, provided to finance BC Partners, acquisition of the Mergermarket Group from the Financial Times Group, a division of the UK Publisher Pearson.