Cases
Experience: Representative Matters: Representing Arada Developments LLC on a series of transactions including in respect of their st
alone sukuk due 2027
programme drawdown sukuk due 2029
the update of their US$ 1 billion sukuk programme
the US$ 100 million tender offer in respect of their st
alone sukuk due 2027
the US$ 450 million drawdown issuance under their sukuk programme.
Representing a number of international
local banks (including HSBC, FAB, ADIB, DIB
ENBD) in respect of Binghatti Holding Limited's establishment of their US$ 1.5 billion sukuk programme
US$ 500 million drawdown issuance under the newly established programme.
Acted for the Islamic Development Bank (IsDB) on its US$25 billion trust certificate (sukuk) issuance programme
multiple public
private drawdowns thereunder over 12 years, including on the IsDB's green
social sukuk issuances under the programme
assisting the IsDB on matters relating to ECB eligibility. The programme is listed on Euronext Dublin
Nasdaq Dubai.
Acting for the international
local joint lead managers (including HSBC, St
ard Chartered Bank, Godman Sachs, Citibank, JP Morgan, Emirates Bank NBD
First Abu Dhabi Bank) on Majid Al Futtaim's (MAF) US$2 billion trust certificate issuance programme
its US$3 billion bond programme
multiple issuances thereunder, including its US$600 green sukuk issuances. Also, advised the banks on MAF's US$500 million corporate hybrid bond issuance. The trades were listed on the main market on the London Stock Exchange, Euronext Dublin
Nasdaq Dubai.
Acting on regulatory capital issuances (Basel III), both Additional Tier 1
Tier 2, by a number of banks across the GCC (including RAKBANK, Commercial Bank of Dubai, United Arab Bank, Bank Dhofar, National Bank of Oman, Oman Arab Bank, Qatar International Islamic Bank, Kuwait Finance House, National Bank of Kuwait, Burgan Bank, Boubyan Bank, Warba Bank, Kuwait International Bank
Khaleeji Bank). The trades were listed on Euronext Dublin.
Representing First Abu Dhabi Bank on its US$5 billion trust certificate issuance programme
its US$20 billion bond programme
advising on a number of drawdowns under those programmes. The programmes are listed on the main market on the London Stock Exchange.
Representing Oman Electricity Transmission Company on its US$500 million
US$1 billion bond issuances listed on Euronext Dublin.
Representing Nama Electricity Distribution Company on the establishment of its US$-denominated trust certificate issuance programme
its US$- denominated bond programme
its issuance of US$1 billion sukuk under the former programme.
Acting for a number of local corporates
financial institutions
local
international consent solicitation managers
dealer managers in connection with bond
sukuk liability management exercises, including consent solicitations, tender offers
exchange offers.
Representing The Commercial Bank of Qatar on its US$5 billion Euro Medium Term Note Programme
drawdowns under that programme as well as its issuance of CHF 225 million green bonds.
Advised Tabreed on its tender offer for its US$500 million Trust Certificates due 2025.
Representing the local
international joint lead managers in connection with Binghatti Holding's US$300 million sukuk issuance
its tap issuance of US$200 million sukuk, listed on the International Securities Market in London
Nasdaq Dubai.
Representing Arada Developments LLC on the establishment of its US$1 billion trust certificate issuance programme
its drawdowns of US$400 million
US$150 million sukuk thereunder.
Representing the local
international banks (including Citibank, JP Morgan, St
ard Chartered Bank, Emirates Bank NBD, Abu Dhabi Commercial Bank
Dubai Islamic Bank) on Omniyat Holding's US$500 million inaugural sukuk issuance listed on the International Securities Market in London
Nasdaq Dubai.
Representing the local
international banks on Sobha Realty's US$300 million inaugural sukuk issuance, tap issuance of US$230 million sukuk, the establishment of its US$1.5 billion sukuk programme
most recent US$500 million sukuk issuance under that programme, listed on the International Securities Market in London
Nasdaq Dubai.
Representing Damac Real Estate Developments Limited on its US$500 million inaugural sukuk
its subsequent US$400 million sukuk issuance listed on Euronext Dublin.
Representing Virgin Mobile on its private placement of St
ard Chartered Bank pre-IPO convertible sukuk out of its Middle East business.
Representing the international
local banks (including HSBC, Dubai Islamic Bank, First Abu Dhabi Bank, Boubyan Bank, St
ard Chartered Bank, Mashreq Bank, Mizuho Bank
Abu Dhabi Islamic Bank) on Kuwait Finance House's US$4 billion trust certificate issuance programme
its US$1 billion issuance thereunder listed on the International Securities Market in London.
Representing Bank of Sharjah on its US$2.5 billion Euro Medium Term Note Programme
its issuance of US$500 million bonds thereunder.
Representing a number of additional corporates
financial institutions on their multi-billion dollar senior unsecured bond or sukuk programmes,
/or the International
local banks acting as joint lead managers on those programmes
on the trades issued thereunder, including programmes set up by DP World, Mubadala, Commercial Bank of Dubai, Qatar International Islamic Bank, Bank Dhofar, National Bank of Oman, RAKBANK, Sharjah Islamic Bank, Islamic Corporation for the Development of the Private Sector, Kuwait International Bank, Burgan Bank
Warba Bank.
Acted for Bidaya Home Finance on its SAR500 million sukuk issuance programme
drawdowns thereunder.
The above representations were h
led by Mr. Roussos prior to his joining Greenberg Traurig Limited.
