Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 04-06-2015 | Practice Area: | Debt Capital Markets |
| Deal Title: | Garuda Indonesia - Airline Capacity Structure Sukuk Issuance | Industry: | Travel & Leisure |
| Description: |
Clifford Chance advised 15 banks on the international aspects of Garuda Indonesia's USD500 million sukuk. The sukuk is the first ever offshore US dollar offering by an Indonesian corporate issuer, and the first sukuk issuance utilising the airline capacity structure (as part of a sukuk-al-wakala structure) in Asia.
The team advising the joint lead managers was co-led by partners Stuart Ure and Qudeer Latif.
|
||
| Financial Center: | Dubai | Value: | 100.01-500.00 |
| Advised Party: | Lead Manager | Law Firm | Clifford Chance |
| Issuer Jurisdiction | Indonesia | Listing Jurisdiction | UAE |
| Classification: |
Islamic Finance Islamic Finance Bonds and Sukuk Wakala: |
Lawyer | Stuart Ure |
