Derayah LLPC – Saudilegal‘s banking and finance practice often represents major construction entities, lenders, sponsors and contractors in large-scale infrastructure financings. The group is equally adept at handling debt refinancing issues, multi-purpose facility arrangements, and banking regulatory matters. The department is co-led by Ali Abedi and Basel Barakat. Dana Halwani is a name to note.
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Key clients
- Electricite de France (EDF)
- Saudi Binladin Group Company Limited
- AlJomaih Energy and Water
- Buhur for Investment
- Ajlan & Brothers
- Riyad Bank
- Apicorp
- Saudi National Bank
- Warba Bank
- Abu Dhabi Islamic Bank
Work highlights
Advising the sponsors in connection with the project financing of a 1,800MW combined cycle gas turbine independent power plant in Taiba, Saudi Arabia.
Advised First Milling Company in connection with the refinancing of its existing debt.
Advising the sponsors in connection with the project financing for the first gas-fired IPPs since 2016 in Qassim, Saudi Arabia.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Ali Abedi; Basel Barakat
Other key lawyers
Dana Halwani