The Esin Attorney Partnership (EAP), a member firm of Baker & McKenzie International, advised Burgan Bank on a USD 117,000,000 and EUR 75,000,000 syndicated multi-tranche term loan agreement with 14 international banks. The lenders were advised by Paksoy and Hogan Lovells.
The deal was brokered under the leadership of the Arab Banking Corporation (B.S.C.) as the coordinator and initial mandated lead arranger and bookrunner, Mashreqbank PSC as the agent and Burgan Bank K.P.S.C, Commerzbank Aktiengesellschaft, Filiale Luxemburg, First Abu Dhabi Bank PJSC, Mashreqbank PSC, and Standard Chartered Bank as the initial mandated lead arrangers and bookrunners.
The transaction was led by Esin Attorney Partnership's Head of Banking and Finance, Partner Muhsin Keskin, and Baker McKenzie's Global Head of Banking & Finance, Partner Michael Foundethakis from Baker & McKenzie’s Paris office. The team was supported by Erdi Yildirim.
Editor's Note: This article has been updated to correctly identify the firms advising the lenders on the deal.