This issue is filled with great insights and expert commentary on areas that are relevant to the legal landscape and highlight how the business community is embracing technology, media and telecommunications. There are various topics covered, from new ways of working and digital transformation in the finance sector to data protection regulatory updates and guidance. We also have a series of articles that focus on e-commerce across a number of jurisdictions.
You will also find insights from our lawyers around real estate analytics, tech trends, and data centres.
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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.