19 November 2015
DUBAI - Allen & Overy is delighted to announce that the firm advised on six award-winning deals that were recognised at the inaugural Bonds, Loans & Sukuk Middle East Awards ceremony held at the Four Seasons in Dubai last night, which was more than any other law firm. These awards seek to recognise achievement and celebrate excellence in the Middle East banking and finance sector.

Of the 12 awards categories, Allen & Overy advised on multiple deals shortlisted across 10. A maximum of three deals were shortlisted in each category after a formal selection process involving submissions and interviews with industry participants. The judging panel consisted of influential international investors in the banking and finance industry.

Dubai-based partner and Head of the capital markets practice in the Middle East, Anzal Mohammed, commented: "To have advised on more award-winning deals than any other law firm is testament to our market-leading banking and capital markets practices across the region and the faith that our clients have in us to deliver innovative solutions on ground-breaking transactions. It is especially pleasing that such recognition comes from a highly-regarded and independent judging panel and concludes a year in which Allen & Overy has dominated the accolades at numerous awards ceremonies in the Middle East."

The full list of award-winning deals that Allen & Overy advised on are set out below:

  • Investment Grade Bond/Sukuk Deal of the Year - DIFC Investments sukuk

  • Syndicated Loan Deal of the Year - Dubai Aluminium syndicated structured loan facility

  • Financial Institution Financing Deal of the Year - Noor Bank sukuk

  • Syndicated Loan Deal of the Year by a Debut Borrower - Emirates National Oil Company (ENOC) conventional and Islamic syndicated loan facilities

  • Trade & Export Finance Deal of the Year - Emirates Airlines ECA-guaranteed sukuk

  • Local Currency Deal of the Year - Dubai World Trade Centre syndicated facility with structured ECA tranches

This latest awards recognition follows our recent success at the annual IFLR Middle East Awards ceremony held in Dubai last month, where we received nine accolades, including the prestigious 'International Firm of the Year' Award for the third year running. We were also recognised for all five international 'Deal of the Year' awards and three 'Team of the Year' awards.

For further information on the above, please contact Suzy Baxter at suzy.baxter@allenovery.com or on +971 4 426 7138.

-Ends-

1. Allen & Overy is an international legal practice with approximately 4949 staff, including some 527 partners, working in 45 offices worldwide.

2. In this press release 'Allen & Overy' means Allen & Overy LLP and/or its affiliated undertakings.

3. The term 'partner' is used to refer to a member of Allen & Overy LLP or an employee or consultant with equivalent standing and qualifications or an individual with equivalent status in one of Allen & Overy LLP's affiliated undertakings.

www.allenovery.com

Suzy Baxter | Head of Business Development & Marketing, Middle East
Allen & Overy LLP
11th Floor, Burj Daman Building, Al Sa'ada Street, Dubai International Financial Centre
PO Box 506678 | Dubai | United Arab Emirates
Direct +971 4 426 7155 | Tel +971 4 426 7100
Mobile +971 (0)50 655 9408 | Fax +971 4 426 7199
www.allenovery.com

© Press Release 2015