Rad El Treki

Biography

Rad is a UK qualified Partner and heads the firm’s Bahrain Office with over 20 years of experience practicing in the UK and across the GCC Region.

Read More

Recent Experience

• Advised BFC Group on the sale of its banking, financial, and money transfer subsidiaries to Al Ansari Financial Services PJSC. Deal valued at over $200M, including group entities across the Middle East and India.
• Advising Bapco Energies on the monetization of its fully owned Bahrain Saudi Pipeline Company, which holds the sole crude oil pipeline from Saudi Arabia to Bahrain. The deal involved structuring a lease and leaseback structure with Blackrock.
• Acting as local counsel for a major Islamic wholesale bank in a multi-million-dollar asset portfolio acquisition (corporate financing portfolio, customer deposits, and real estate assets located in various jurisdictions) (deal value USD500M+).
• Advising a regional sovereign wealth fund with respect to its potential role in the Bahrain Government’s rooftop solar photovoltaic project (total capacity of 72MWac) to be mounted on public sector building rooftops including the Bahrain Formula 1 Circuit, University of Bahrain, Bahrain International Exhibition & Convention Centre and Al Dana Amphitheatre, together with the extensive roll-out of EV charging stations.
• Al Dur II Integrated Water & Power Plant (IWPP): Advising the lenders as local lead counsel in relation to the corporate related aspects of the development, ownership and operation of the Al Dur II IWPP project, one of the largest project financings in Bahrain and the GCC in recent years (project value c. US$1.5bn).
• Representing Rental Solutions & Services Limited (RSS) a leading tech-enabled temporary and backup power solutions provider with operations in UAE, Saudi Arabia and Bahrain on its sale to Sancta Capital via issuance of a USD43M Shariah-compliant senior secured debt instrument.
• Representing Koch Chemical Technology Group Saudi Arabia Limited (part of the Koch Global Group) on its acquisition of the operating assets of Titanium Steel & Manufacturing Co Ltd, a wholly owned subsidiary of Saudi Steel Pipe Co (a company listed on the Saudi Stock Exchange).
• Local Counsel advising Saudi Arabian Fertilizer Company (SAFCO) on the Bahrain-related elements of its proposed US$1.2bn acquisition from SABIC of interests in various agricultural nutrient assets, including SABIC’s interests in Gulf Petrochemical Industries Company (GPIC) in Bahrain.