Rimon
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Rimon’s Middle East and Dubai Practice offers multinational companies, financial institutions, investors, and high-growth enterprises the legal sophistication of a global firm combined with the agility, responsiveness, and regional insight that define our model. With deep experience guiding clients through the commercial, regulatory, and investment landscape of the Gulf, our team provides end-to-end legal support tailored to the needs of international businesses operating in or entering the region.

Our team is anchored by seasoned partners whose collective backgrounds span multiple continents and complex legal regimes, enabling Rimon to serve as a bridge between global clients and regional markets in the Middle East. Our partners have spent their careers working on the ground with local and international investors, lenders, companies, and families on a wide variety of financing transactions, acquisitions and investments. The group includes both English law-qualified solicitors and U.S. law-qualified attorneys, who together cover the scope of transactions and disputes in the region and involving local parties in global jurisdictions. We are adept and experienced in both domestic and cross-border representations, assisting our local clients at home and abroad, as well as international clients doing business in the Gulf.

Sovereign Wealth Funds and Other Local Entities

Our attorneys have long-standing relationships with funds, companies, and families in the Gulf. They regularly assist their clients in a wide variety of transactions in the region, with a special focus on Islamic finance, including Shari’a-compliant structured notes and sukuk restructurings, along with conventional financing and private credit.

  • Represented Abu Dhabi Financial Group on a US$ 135 million sukuk originated by a Saudi real estate developer backed by receivables from real estate projects in the Kingdom of Saudi Arabia.
  • Represented a Qatari bank in relation to a US$ 150 million Shari’a compliant CLO.
  • Represented a Qatari bank in connection with the issuance of a series of equity linked, Shari’a-compliant capital protected notes of up to US$ 100 million.
  • Represented Shuaa Capital as lead manager for the US$ 50 million equity linked sukuk originated by Pure Harvest Smart Farms.
  • Represented Al-Bayan Group, the Saudi conglomerate, as issuer, in connection with the MYR 1 billion rated sukuk programme, the first MYR denominated issuance by a Saudi issuer.
  • Represented the sponsor on the first Islamically-financed syndicated leveraged recap in the UAE.
  • Acted as counsel to the trustee on an issuance of USD500 million 10 percent notes secured over a private equity portfolio and issued by a Bahraini private investment firm engaged in direct equity investments with a focus on mid-sized companies in the GCC markets and other select countries of the MENA region.
  • Represented the equity investors on a USD1 billion restructuring and new investment into a regional infrastructure/utility company.
  • Represented the sponsors on an AED4 billion syndicated Islamic and conventional co-financing for the development of the Midfield Terminal in Abu Dhabi.
  • Represented a major UAE-based, global healthcare provider on their debut syndicated financing (in parallel with its London IPO).
  • Represented a major industrial entity owned by one of the largest family groups in the UAE on their debut European and US-structured TLB financing (the first TLB deal undertaken by a UAE entity).
  • Represented a major regional bank on the financing for the acquisition of a minority interest in a Malaysian financial institution.
  • Represented various regional private equity houses on acquisition financing as well as GP-level fund-raising.
  • Represented one of the largest regional banks on a USD900 million syndicated credit facility.
  • Represented a regional GRE investment vehicle on real estate and other financings (including on the potential debt financing of the acquisition of a European financial institution).
  • Represented the arrangers on the first leveraged buy-out of a regional insurance company with a listed subsidiary.
  • Represented the lenders on a highly structured syndicated margin loan for a regional investor.
  • Represented the creditors on the restructuring of various projects and other financings (including industrial and satellite projects).

International Companies and Investors Doing Business in the Middle East

In addition to assisting local clients, our attorneys also leverage their deep ties to the Middle East to assist international companies and investors with their activities in the region, including in connection with financings, investments, and dispute resolution.

  • Represented Franklin Templeton Investments in relation to the US$ 30 million Shari’a compliant securitization of receivables from Keyper, the first RNPL securitization in the Middle East.
  • Represented Citibank, as lead arranger, in connection with a US$800 million Shari’a compliant multicurrency securitization of toll receivables in the UAE.
  • Represented a special situations fund on the secondaries acquisition of a US$ 90 million credit facility to a UAE based hospitality business and a subsequent debt to equity swap consensual restructuring.
  • Represented a private investment group from Kazakhstan on a proposed acquisition of rights to a plot of land in the Emirate of Dubai for further development of mixed-use commercial and residential properties.
  • Represented a UK plc with headquarters in the UAE on all financing matters.
  • Representation of a Russian telecoms company in ad hoc arbitration proceedings against a Middle East software company.
  • Multiple inbound investments from Russia and other CIS countries to the UAE, including joint ventures with sovereign funds, in a wide range of sectors (real estate, financial services, oil & gas, hospitality, and telecoms).

Rimon Attorneys With Expertise in Dubai and the Middle East Include:

Rimon Law
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