Rad El Treki

Biography

Rad provides a diversified and broad corporate commercial offering with particular expertise in corporate structuring, group re-structurings, liquidations, inward foreign direct investment, M&A, JVs, franchising, distribution and agency. Additionally, Rad has a wealth of experience advising on the corporate aspects of big-ticket state mandated project financings, in particular, within the energy / O&G sector.  In addition, Rad has extensive experience in the start-up and scale-up space, advising entrepreneurs, incubation and acceleration centres, private equity firms, and venture capitalists in Bahrain and the wider region, and regularly delivers related presentations, mentoring, coaching, and workshops.

Read More

Recent Experience

• 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.
• 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). The project involves the development of the planned phase II of Al Dur IWPP, with the aim of more than doubling the plant’s existing power generation capacity of 1200 MW by adding a further 1500 MW.
• Advising GE on the restructuring and divesture of its water based operations and assets in Bahrain as part of the US$3.4bn sale of GE Water, in connection with GE’s merger with Baker Hughes.
• Advising Tecnicas Reunidas, a major global EPC contractor, with respect to its joint venture with two leading engineering companies for the US$4.2 billion Bahrain Petroleum Company (BAPCO) Modernization Program (BMP).
• Advising a major GCC conglomerate on the acquisition of a 50% stake in a major cinema complex based in Bahrain, which once developed will be one of the world’s largest cinema complexes (acquisition price US$50M+).
• Advising CH2M with respect to the acquisition of CH2M by Jacobs Engineering Group, whereby Worley Parsons Group Inc will acquire 100% of the shares and be the full owner of the subsidiary company in the Kingdom of Bahrain
• Lead international counsel managing all of the legal requirements for a major global glass manufacturer in the MENA and wider region, including lead counsel to manage the client’s global expansion project across 8 jurisdictions in the Middle East, Africa, Asia and South East Asia (including Kuwait, Lebanon, Sri-Lanka, Vietnam, South Korea, Kenya and Pakistani), and the centralisation of all intra-group financing operations to Bahrain as part of a US$500M restructuring of regional operations.
• Appointed by a major investment house with respect to its proposed acquisition of a leading secondary school based in Bahrain, currently owned by a consortium of sellers, and subject to Murabaha financing arrangements (via an offshore structure).
• Leading the local counsel team advising the lenders on the US$10.4bn Qatar Barzan Gas Project (the world’s largest project financing to close in 2011, and awarded “Global Deal of the Year” status by Project Finance Magazine).
• Advising a major quasi-Saudi government entity with regards to the establishment of a JV chemical production & blending facility in PlasChem Park, Jubail Industrial City II, KSA in conjunction with one of the world’s largest oilfield services companies (initial project financing, SAR 130M+).