Slaughter and May advised Deutsche Bank A.G., London Branch, Qatar National Bank S.A.Q. and Emirates NBD Bank P.J.S.C. as initial mandated lead arrangers in connection with a US$1,030,000,000 secured syndicated term loan facility for Saudi Oger Limited and Oger Middle East (Holding) Limited as borrowers under the facility. The facility has a tenor of four years and is secured over certain Jordan-based assets held by the borrowers.

Saudi Oger Limited is a Saudi Arabian company that forms part of a multi-industry conglomerate with extensive operations abroad comprising, amongst other things, construction, engineering, utilities, real estate and telecommunications. Oger Middle East (Holding) Limited is a Lebanese subsidiary of Saudi Oger Limited.

Slaughter and May were supported by Ali Sharif Zu'bi Advocates and Legal Consultants in Jordan, Nabil Abdel-Malek Law Offices in Lebanon and Zeyad S. Khoshaim Law Firm in Saudi Arabia.

Contacts

Financing: Miranda Leung (partner), Ed Fife (partner), Laurie Keel (associate), Edward Comber (associate); Tax: William Watson (partner)

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