Banking, finance and capital markets in Lebanon

Abou Jaoude & Associates Law Firm

Abou Jaoude & Associates Law Firm is a key name in the market for project finance mandates, with additional expertise in handling capital market transactions. Managing partner Carlos Abou Jaoude leads the team; he advised Bank Audi Sal on the syndicated financing of Lebanon's first-ever wind energy project. Other key team members include Souraya Machnouk, who has extensive experience in project finance, and Eddy Maghariki, who focuses on real estate finance. Rita Papadopoulou is head of the capital markets and structured products practice.

Key clients

Deutsche Bank

Credit Suisse AG

Astrobank

Online Money Transfer

Ernst & Young

Audi Bank

FFA Private Bank Sal

Saradar Bank

Commercial International Bank Egypt

Capital Trust Group

Arab Finance Corporation

BLC Bank

The Luxury Fund / TLF Ventures

Ecobank Nigeria

Windsor Brokers

Burmeister & Wain Scandinavian Contractor

Elie Saab Group

Debbas Group

Malia Group

Obegi Group

Plus Properties Group

Work highlights

  • Advised Bank Audi on its $300m syndicated facility to finance the first renewable energy projects in Lebanon.
  • Advised Saradar Bank on a complex multi-million and first-of-its kind in Lebanon issuance of an exchange-traded fund (ETF) linked certificates programme.
  • Assisted the Federation of Global Lebanese Investors on its launch of a multi-million infrastructure fund which will be put towards PPP projects in Lebanon.

Alem & Associates

Alem & Associates is a popular choice for global financial institutions on banking and finance transactions. Founding partner Mohamed Alem leads the team and advises on banking and finance, and capital market transactions. Omar El Assir splits his time between Beirut and Riyadh and is notably strong in Islamic finance and capital markets. Toufic Soudayha has left the firm and started up his own firm Soudayha & Partners. 

Practice head(s):

Mohamed Alem

Other key lawyers:

Omar El Assir 

Key clients

BlomInvest

JP Morgan

Goldman Sachs

Nederlandse Financierings- Maatschappij Voor

Ontwikkelingslanden

OPEC Fund For International Development

Oesterreichische Entwicklungsbank

Lucid Investment Bank

Public Health Investment

Legacy One Holding

Younata Investment

Nomura International

MasterCard

Al Bilad Capital

Gulf of Oman Investment

Pricewaterhousecoopers

Unitrend for Investment

Societe Generale Private Banking

ANB Invest  Capital

Itqan Capital

KPMG

Centaurs

Work highlights

  • Advised Lucid Investment Bank on its €100,000 investment in a Swiss medical technology company.
  • Assisted BlomInvest Bank with its $300m investment in Saudi start-ups as part of its Blom Wamda Saudi VC Fund.
  • Advised Rikaz Properties on the financing and development of two residential compounds and one industrial compound in the Kingdom of Saudi Arabia.

Badri and Salim El Meouchi LLP

Badri and Salim El Meouchi LLP is a key name in the market for project finance and major loan agreements. Name partner Salim Meouchi leads the practice and has a unique insight into banking law having previously advised the Lebanese government on banking regulations. Other key names include managing partner Chadia El Meouchi and Walid Honein, who both have extensive experience in project finance.

Practice head(s):

Salim Meouchi

Key clients

Banque Misr Liban

GazpromBank

Holdal Group

Saint-Gobain Middle East

Construction Development Company International

Projects Development Company

Intel

Fransabank

Audi Saradar Private Bank

Macquarie Airfinance

PriceWaterhouseCoopers

Chedid Law Offices in association with Dentons

Chedid Law Offices in association with Dentons 'always tries to give more than is required' and is 'always willing to clarify and assist' clients. The team is led by Elias Chedid, whose 'international way of thinking combined with his sea of knowledge is unique'. The team advises a number of global financial institutions on major project finance and capital markets mandates. Also recommended is senior associate Georgette Salamé, who is very experienced in capital market transactions.

Practice head(s):

Elias Chedid

Testimonials

‘What is always striking here is the level of freshness and professionalism that always come when dealing with this firm. By this I mean that the advice is always accurate, straightforward and leaves little level of doubt. This is important especially when we have a deal in Lebanon. Also the level of detail and devotion is outstanding.’

Always tries to give more than is required.

Always willing to clarify and assist.

‘Elias Chedid’s international way of thinking combined with his sea of knowledge and consciousness while delivering advice is unique. Elias is always fair, objective and respectful in his behavior and attitude.’

‘Uniqueness in terms of professionalism and quality of the legal advice.’

‘Elias Chedid is very sharp, clear and concise, knowledgeable and analyses promptly and realistically any scenario/option.’

‘Despite the many challenges and the tough competition between law firms in the region, Chedid Law emerges as a champion in the banking and capital markets industry. Their capabilities in the industry, namely in the regulatory and legal frameworks are outstanding.’

‘Elias has consistently shown a commitment to excellence.’

Abouhamad, Merheb, Chamoun, Chedid

Abouhamad, Merheb, Chamoun, Chedid regularly advises on credit facility agreements, syndicated loans and consumer loans, and acts for a number of Lebanese banks. Antoine J. Merheb is highly recommended.

Practice head(s):

Antoine J. Merheb

Abousleiman & Partners

Capital markets has been a mainstay of Abousleiman & Partners, which has expertise in both debt and equity offerings. Managing partner Randa Abousleiman leads the practice and has a strong track record in advising on IPOs for public and private companies. Senior associate Patrick Obeid is another name of note.

Practice head(s):

Randa Abousleiman

El-Aref International Law Office

Corporate finance and project finance are the two key pillars of El-Aref International Law Office's practice. Aref El-Aref leads the practice and recently assisted Proparco with its $18m loan facility to Fransabank. He also advised TCQ Power on its $100m project financing from a consortium for the development of a wind farm power plant.

Practice head(s):

Aref El-Aref

Work highlights

  • Advised Banque Saudi Fransi on secured financing provided to Rana Medical Service  intended for the development of a new hospital.
  • Advised Qatar National Bank on secured financing provided to Nehmeh Corporation.
  • Assisted Proparco with its senior term-loan facility provided to Fransabank SAL.

Obeid Law Firm

Obeid Law Firm's multidisciplinary practice covers areas such as asset finance, leveraged finance, real estate finance and Islamic finance. Of counsel Marie Hayek is the key name to note and is an expert in both conventional and Islamic financings.

Practice head(s):

Marie Hayek