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Deal Date: 19-10-2014 Practice Area: International Finance and Bank Credit
Deal Title: Oman Oil Company Dual-Tranche Revolving Credit Facility Industry: Oil & Gas Producers
Description:
Dentons advised Oman Oil Company, a national oil investment company wholly owned by the Government of the Sultanate of Oman, on its inaugural corporate borrowing. Acting as Omani law counsel, Dentons advised OOC on its USD1.85 billion revolving credit facility from over 15 international and local banks together with related corporate governance aspects of OOC's entry into the facility. The revolving credit facility was split between a USD1 billion three-year tranche and an USD850 million piece with a five-year lifespan. The team was led by Sadaf Buchanan with assistance from senior associate Justine Harding.
Financial Center: Dubai Value: 1000.01-5000.00
Advised Party: Borrower Law Firm
Borrower Oman Lender Oman
Classification: Syndicated and Bilateral Loans Syndicated Loans
Lawyer Sadaf Buchanan