May 3, 2023

Milbank Receives Two “Deal of the Year” Awards from Bonds, Loans & Sukuk Middle East Awards 2023

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Milbank LLP received two “Deal of the Year” awards at the Bonds, Loans & Sukuk Middle East Awards 2023 in further recognition of its market-leading work in the region.

The Bonds, Loans & Sukuk Middle East Awards 2023 honor the most innovative and groundbreaking deals from sovereign, corporate and financial institution issuers and borrowers across the Middle East region.

Milbank transactions were honored in the following categories:

  • Oil & Gas Deal of the Year - GreenSaif Pipelines Bidco: Milbank advised the managers on the $1.5 billion first-of-a-kind project sukuk issuance by TMS Issuer S.à r.l  (as part of a total $4.5 billion issuance, together with GreenSaif Pipelines BidCo S.à r.l) for the refinancing of bridge facility entered into in connection with GreenSaif’s acquisition of a minority stake in Aramco Gas Pipelines Company, a subsidiary of Saudi Arabian Oil Company.

  • Infrastructure Finance Deal of the Year - Abu Dhabi Offshore Power Transmission Company: Milbank advised the ECAs and commercial banks in connection with Project Lightning, ADNOC’s offshore power transmission project.