22.02.2012 - A&O, Latham & Watkins advise on $2.7 bln Mobily Islamic financing
International law firms Allen & Overy and Latham & Watkins recently advised Saudi Arabian telecom Etihad Etisalat (Mobily) on its 10 billion riyal ($2.7 billion) syndicated Islamic financing. The financing is one of the largest general syndicated Islamic financing transactions to date. While Allen & Overy advised the lead arranging banks on the deal, Latham & Watkins advised Mobily on the transaction.  The Al Rajhi Banking & Investment Corporation, the Banque Saudi Fransi, the Riyad Bank, the Samba Financial Group, the Saudi Hollandi Bank, the National Commercial Bank, and the Saudi British Bank acted as lead arrangers of the deal...............................................Full Article: Source
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