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Deal Date: 10-09-2015 Practice Area: Debt Capital Markets
Deal Title: ACWA Power New Murabaha Commodity-Based Facility Industry: Electricity
Description:
Clifford Chance advised International Company for Water and Power Projects (ACWA Power) on a new five-year revolving facility for SAR709 million (USD189 million) involving Bank Al-Bilad, Saudi Hollandi Bank and Arab National Bank. This was a commodity murabaha-based transaction.
Financial Center: Dubai Value: 100.01-500.00
Advised Party: Issuer Law Firm
Issuer Jurisdiction Saudi Arabia Listing Jurisdiction Saudi Arabia
Classification: Islamic Finance Islamic Finance Bank Loans Murabaha Facility
Lawyer Paul Latto