Ranked among the top four local firms in UAE by competitors, Afridi & Angell is led by managing partner Amjad Ali Khan.In finance work Khan advised the United Bank on a $25 million syndicated quasi-project finance ijarah (credit leasing) which was used to fund the expansion of a power plant at Hadramount in Yemen....
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Ranked among the top four local firms in UAE by competitors, Afridi & Angell is led by managing partner Amjad Ali Khan.
In finance work Khan advised the United Bank on a $25 million syndicated quasi-project finance ijarah (credit leasing) which was used to fund the expansion of a power plant at Hadramount in Yemen.
On the banking side the firm acted for BNP Paribas, advising on structuring loans products to UAE banks to enhance liquidity and capital adequacy while ensuring full compliance with the UAE Central Bank requirements.
An ongoing $800 million project finance deal sees the firm acting as UAE counsel to the lenders on the Salik Toll Collection System road deal.
Restructuring has become common practice in the UAE and the firm acted as local counsel to a syndicate of lenders in respect of the $1.1 billion refinancing of the Taweelah A 10 Independent Water and Power Project (IWPP).
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