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
My Tamimi App
Our knowledge, experience, and expertise are now available on the go.
My Tamimi App, a convenient new tool for anyone with an interest in the legal sector, from law students to General Counsel.
Find out more
A complete spectrum of legal services across jurisdictions in the Middle East and 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.
Disclaimer: This chat service should not be relied upon as a substitute for professional advice which takes account of your specific circumstances and any changes in the law and practice. No warranty is made as to the accuracy or completeness of the information provided via this service and no liability is accepted by Al Tamimi & Company Limited, its affiliates, partners or employees for any loss arising as a result of reliance upon the information provided.
Kindly accept the disclaimer to proceed to a live chat.
Thank you for your inquiry. We will connect you to one of our agents now.
Thank you. Which service are you looking for?
Thank you for your interest in working with Al Tamimi & Company. Please click here to view our latest job openings.
Please click here leave a message and we will get back to you shortly.
