25 July 2023
News Clifford Chance advises PNC Investments on Sobha Realty US$300 million sukuk
Advising firms
Deal team
4 lawyers named| Lawyer | Firm | Seniority | Practice | Office |
|---|---|---|---|---|
| Stuart Ure Lead | Clifford Chance | Partner | Middle East Capital Markets | Dubai |
| Alekhya Prakash | Clifford Chance | Counsel | Not stated | Dubai |
| Nader Koudsi | Clifford Chance | Associate | Not stated | Dubai |
| Saby Mahmud | Clifford Chance | Trainee | Not stated | Dubai |
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Stated terms
- Stated value
- USD 300m (US$300 million)
- What the figure measures
- Issue size
- Client
- PNC Investments LLC (Sobha Realty)Issuer
- Counterparties
- Dubai Islamic Bank (Underwriters)
Emirates NBD Capital (Underwriters)
Mashreqbank (Underwriters)
Standard Chartered Bank (Underwriters)
Sharjah Islamic Bank (Underwriters)