Find a Lawyer
Book an appointment with us, or search the directory to find the right lawyer for you directly through the app.
Find out more
Transport, Energy & Revolving Synergy
The final Law Update of 2022 is here, and it’s packed full of articles. The double edition features two focus areas, first is a spotlight on Energy and Resources and second we feature a collection of articles on Transport and Logistics. The developments occurring in these sectors in the MENA region are unprecedented and our lawyers cover vast themes for you.
The Energy and Resources focus features topics such as diversifying energy resources, solar PV, mining in the Middle East, renewable energy and green hydrogen. From a transport perspective, we draw attention to the Bahrain metro project, discuss the challenges and remedies associated with the repossession of an aircraft, and there is advice on what to consider should a party vary the terms of a shipping contract.
This edition navigates you through updates from across jurisdictions such as, Oman, Jordan, Saudi Arabia, Egypt, Iraq, Qatar, and the UAE. Each article is timely and provides insights into legal issues and cases that are affecting these sectors across the region.
Read the full edition
A complete spectrum of legal services across jurisdictions in the Middle East & North Africa.
Al Tamimi & Company advises Tata International on a landmark securitization transaction for its African subsidiaries
Al Tamimi & Company (“Al Tamimi”) has advised on a multi-tranche USD 48 million receivables securitization transaction for Tata International Limited (“TIL”), with Alpen Capital acting as sole financial advisor to the transaction.
Al Tamimi’s Banking & Finance, Corporate Commercial and Corporate Structuring teams worked hand in hand as lead counsel on the transaction with local counsel in Ghana, Ivory Coast, Kenya, Nigeria, Senegal, Tanzania, Uganda and Zambia.
The transaction was a unique securitisation transaction for the Tata Group in Africa which involved securitizing receivables from 11 African subsidiaries of Tata International Limited (India) and Tata International Singapore Pte Ltd, through an orphan special purpose vehicle. Our team also set up the entity in which the receivables were securitized in the Abu Dhabi Global Market (ADGM).
The Al Tamimi team was led by Banking & Finance Partner, Mamoon Khan, and Corporate Partner, Alex Saleh, with assistance from banking lawyers Sakshi Puri and Murtaza Hussain. Alex Ghazi and Nasouh Raslan from our Corporate Structuring team led on the ADGM SPV.
Key Contacts:
Mamoon Khan
Partner, Banking & Finance
m.khan@tamimi.com
Sakshi Puri
Senior Counsel, Banking & Finance
s.puri@tamimi.com
Murtaza Hussain
Associate, Banking & Finance
m.hussain@tamimi.com
Spread the news
Related Insights
Stay updated
To learn more about our services and get the latest legal insights from across the Middle East and North Africa region, click on the link below.
