Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 11-12-2014 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Kuwait Foreign Petroleum Exploration Company Syndicated Credit Facility | Industry: | Oil & Gas Producers |
| Description: |
Slaughter and May advised the Kuwait Foreign Petroleum Exploration Company k.s.c., a wholly owned subsidiary of the Kuwait Petroleum Corporation, in relation to its new USD1 billion credit facility. The facility is for general corporate purposes and will support KUFPEC's international expansion plans.
HSBC Bank Middle East Limited, J.P. Morgan Limited, National Bank of Kuwait S.A.K.P., The Bank of Tokyo-Mitsubishi UFJ, Ltd. and The Royal Bank of Scotland plc acted as initial mandated lead arrangers with National Bank of Kuwait S.A.K.P. as agent.
Financing: Philip Snell (partner), John Budd (associate), and Sarah Osprey.
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| Financial Center: | London | Value: | 500.01-1000.00 |
| Advised Party: | Borrower | Law Firm | Slaughter and May |
| Borrower | Kuwait | Lender | Kuwait |
| Classification: |
Syndicated and Bilateral Loans Syndicated Loans |
Lawyer | Philip Snell |
