Firm receives multiple recognitions at Bonds, Loans & Sukuk Middle East Awards

Global law firm Norton Rose Fulbright has been recognised for its involvement in five winning deals at the Bonds, Loans & Sukuk Middle East Awards.

These awards are intended to annually acknowledge and reward the most innovative and ground-breaking deals from Sovereign, Corporate and Financial Institution issuers and borrowers across the Middle East, connecting some of the industry’s most high-profile and prominent organisations and stakeholders from across the region’s financial markets.

Norton Rose Fulbright was involved in the following award-winning deals:

• Structured Bond Deal of the Year

Advising a consortium of banks as the joint lead managers in the US$701m issuance of 3.635% Senior Secured Green Bonds by Sweihan PV Power Company. These included: Citrigroup Global Markets, HSBC, MUFG, BNP Paribas, First Abu Dhabi Bank, and SMBC Nikko.

• ESG Loan Deal of the Year

Acting as legal adviser to the joint lead managers on the issuance of a US$2.2bn sustainability linked facility by The Oil and Gas Holding Company to Nogaholding.

• Structured Loan Deal of the Year

Advising the Sukuk Delegate, Agents, and Security Agents on a US$5.7bn Project Finance Loan for Neom Green Hydrogen Co. Ltd.

• Islamic Syndication of the Year

Acting as legal adviser to the joint lead managers on a US$1.165bn dual-tranche sustainability-linked commodity Murabaha facility for Al Rajhi Bank and Investment Corporation.

• Islamic Structured Finance Deal of the Year

Advising on a US$30m senior secured, private placement sukuk issued by Moove Sukuk Company Limited.

Norton Rose Fulbright’s banking and finance practice encompasses the full spectrum of legal services in the sector, seeing the firm act for parties ranging from multinational lenders to growth corporations. The firm’s lawyers also are experienced in the full range of debt and equity transactions in the global capital markets, including standalone debt issuances, Sukuk, securitizations, covered, convertible, exchangeable, taxable and tax-exempt bonds, MTN/CP programs, structured products, equity-linked issuances and Public-Private Partnerships (PPP).