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The Abu Dhabi office of Clifford Chance advised First Gulf Bank (FGB), a major leading financial institution headquartered in Abu Dhabi, UAE,  on a new three-year US$900 million senior unsecured Term Loan Facility with a group of international banks. The...

Clifford Chance recently advised HSBC Bank Middle East Limited (HBME) in connection with updating its US$5 billion sukuk issuance programme and a US$500,000,000 issuance under the Programme. The trust certificates for the issuance, which are due in 2016, yield...

Clifford Chance recently advised Sharjah Islamic Bank in connection with its US$400million, fixed rate sukuk issuance. The sukuk certificates, which are due in 2016, yield a profit rate of 4.715% per annum. This deal saw the return of Sharjah Islamic Bank to the...

Leading international law firm Clifford Chance has advised Morgan Stanley as sole lead manager and sole bookrunner on Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana REIT)'s SGD80 million 4.5 per cent convertible sukuk due 2017. This...

Leading international law firm Clifford Chance has advised Bank of America Merrill Lynch, CIMB and HSBC as joint lead managers on Axiata Group Berhad's RMB1 billion sukuk issuance, the largest RMB-denominated sukuk and the second to date to be issued in the dim...

Clifford Chance is advising a Consortium comprising Mannai Corporation QSC and EFG Hermes on its US$445 million recommended cash bid for Damas International Limited, the leading Middle East jewellery and watch retailer. The Consortium announced a firm intention...

Clifford Chance has advised Nakheel PJSC in relation to its issuance of AED120.9 million, 10% tap certificates due 2016 to its trade creditors under its AED8.5 billion sukuk programme. This latest issuance brings the total amount issued by Nakheel to its trade...

Clifford Chance is advising Sorouh Real Estate PJSC on its proposed merger with Aldar Properties PJSC, terms of which were agreed by their respective boards on 20 January 2013. The merger, which has been unanimously recommended to shareholders, will create the...

Clifford Chance's Dubai practice has advised on five sukuk transactions amounting to US$5 billion in new issuances in the United Arab Emirates and the Kingdom of Saudi Arabia. Emirates Islamic Bank Sukuk:  The Dubai office of Clifford Chance LLP has advised...

International law firm Clifford Chance has advised CIMB, Citi, HSBC and Maybank as joint lead managers and joint bookrunners on the US$2 billion dual-tranche sukuk-al-wakala transaction for the Government of Malaysia. The dual-tranche consists of US$1.2 billion...