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Deal Date: 24-06-2012 Practice Area: Debt Capital Markets
Deal Title: Jet Fuel Storage Terminal at Jebel Ali Free Zone Industry: Industrial Transportation
Description:
International law firm Hogan Lovells has acted as counsel to Emirates NBD Bank PJSC, Noor Islamic Bank PJSC and Standard Chartered Bank as arrangers on a US$75,000,000 and AED91,825,000 Istisna - Ijara financing facility. The proceeds will be used for the construction of a jet fuel storage terminal at Jebel Ali Free Zone and the construction of a 60 kilometre pipeline from the jet fuel storage terminal to Dubai International Airport.
Financial Center: Dubai Value: 0.00-100.00
Advised Party: Issuer Law Firm
Issuer Jurisdiction UAE Listing Jurisdiction UAE
Classification: Islamic Finance Islamic Finance Bank Loans Ijara Facility
Lawyer Rahail Ali