At Afridi & Angell, the banking and finance team is jointly steered by Rahat Dar and Masood Afridi , acting as a go-to firm for a variety of UAE based banks and lenders. Dar is reputed for his depth of expertise in Ijarah facilities and restructuring mandates while Afridi is noted for his strong capabilities in the project finance space. Ananya Pandit is a key part of the team and has a strong track record in commodity finance matters.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Billing & efficiency
Testimonials
Collated independently by Legal 500 research team.
- ‘Afridi & Angell has been used by me for project development legal advice. I have used them in several major projects and they have been excellent. Masood Afridi has regularly excelled with his advice that helped to resolve the many challenges that invariably arise with large and complicated projects.'
Key clients
- Citibank
- Vision Bank
- Ajman Bank
- Bank of Fujairah
- United Bank Limited
- Mashreq Al Islami
- Nedbank Limited
- Absa Bank
- Landesbank Baden-Wurttemberg
- National Bank of Kuwait
Work highlights
Acting as UAE counsel to the project Company in relation to the USD 900 million refinancing and restructuring of the original project financing for the purpose of establishing a power generation project in the UAE.
Advised a UAE-based Islamic bank on a USD 115 million Ijarah facility to a hotel Sky Palace HM Limited, to restructure existing financing and fund a REIT in the Cayman Islands.
Advising the borrower, a global natural resources company, in connection with four rounds of amendments to existing term loan facilities in excess of USD 3 billion.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Rahat Dar; Masood Afridi
Other key lawyers
Ananya Pandit