Sam Manful is an associate in our Bank Finance practice, based in our Dubai office. Sam has a broad range of banking experience representing sovereigns, financial institutions, sponsors, and corporate borrowers in a wide range of banking and finance transactions, including acquisition finance, refinancings and general bank lending. Prior to joining White & Case, Sam trained at a Magic Circle firm and worked in the London office of an International law firm.
Representation of The Government of Kenya through the National Treasury in connection with the US$250 million refinancing of a loan from the Eastern and Southern African Trade Development Bank.
Representation of The Government of the Sultanate of Oman in connection with the separated ECA (UKEF) dual tranche and commercial financings for the US$873.7million design, construction and development of three hospitals in Oman in Salalah, Suwaiq and Khasab (Global Trade Review 2020 Deal of the Year).
Representation of Standard Chartered Bank in connection with a US$200 million financing to United Energy Group; a Hong Kong based upstream oil & gas group with investments across Pakistan.
Representation of Standard Chartered Bank as lead arranger in connection with a US$95 million senior secured borrowing base facility provided to Bow Energy Resources Pakistan Limited.
Representation of Arabian Centres Company (ACC), Saudi Arabia's leading shopping mall owner, developer and operator, on its dual currency US$1.9 billion refinancing package. The refinancing consists of a senior unsecured US$500 million debut Reg S/144A five-year Sukuk issuance, alongside a senior secured dual (USD and SAR) currency US$1.2 billion (equivalent) Ijara and Murabaha term facilities and senior secured dual (USD and SAR) currency US$200 million (equivalent) revolving Murabaha facility.
Representation of SACE and the Finance Parties in connection with a SACE supported USD term facility for the Government of Sharjah, acting through the Sharjah Finance Department.
Representation of the heirs of Abdul Latif Ibrahim Galadari in connection with the acquisition finance facility for the 58.5% stake in Galadari Brothers Co LLC, a diversified business conglomerate with operations spread across multiple business verticals. The AED1.675bn 3-month Bridge Loan with a take-out under a 10-year term and 5-Year bank guaranteed deferred payment facility was one of the largest acquisition finance transactions in the region (Local Currency Deal of the Year 2018, Bond, Loans & Sukuk Middle East).
Representation of Nomura as arranger and lender in connection with a US$100 million conventional and US$100 million Sharia-compliant syndicated facilities to a large regional corporate.