"They don't have a big office here but what they do is quality work," remarks one peer of Vinson & Elkins' UAE offering.Creighton Smith, Ayman Khaleq and Kamar Jaffer led the firm in representing the NBK Capital-GSC Mezzanine Fund in financing of up to $20 million in Metito Utilities, a Dubai-based developer of water and wastewater projects in the Middle East, North Africa and Asia....
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"They don't have a big office here but what they do is quality work," remarks one peer of Vinson & Elkins' UAE offering.
Creighton Smith, Ayman Khaleq and Kamar Jaffer led the firm in representing the NBK Capital-GSC Mezzanine Fund in financing of up to $20 million in Metito Utilities, a Dubai-based developer of water and wastewater projects in the Middle East, North Africa and Asia.
Ayman Khaleq and Hiba Allam advised an Asian sovereign wealth fund on its first investment in a $500 million parallel, conventional and shariah-compliant, energy fund.
Vinson & Elkins capital markets practice was expanded with the appointment of Looaye Al-Akkas as partner who had been a senior associate at Baker & McKenzie. In a capital markets debt transaction Ayman Khaleq led the team advising Wasatah Capital, the mandated lead arranger of the $50 million sukuk (Islamic bond) for Condor Flugdeinst, the aviation arm of Thomas Cook.
On the equity side the firm advised the Saudi Arabian Al Hassan Ghazi Ibrahim Shaker Company on its SR514 million ($137 million) IPO in May 2010.
In the corporate sector a team from the Dubai office advised TVM Capital MENA, a Dubai based private equity fund focused on health care investments, on two investments: Bourn Hall International and Pro Vita Health Care which equated to $150 million.
On the sell side, a team acted for shareholders in Gulmar Offshore Middle East, a UAE based subsea engineering and general contracting company, which divested of 78% of its stock to Oaktree Capital Management, the US private equity firm.
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