Saudi Oger project finance facilities

- $1,800.00 m

Firm - Allen & Overy Client - Deutsche Bank Lead Lawyers - Ian Ingram-Johnson Role - International counsel to lenders	Firm - Norton Rose Client - Saudi Oger Lead Lawyers - Ali Tiptree Role - International counsel to borrower	Firm - White & Case Client - China Development Bank, Industrial and Commercial Lead Lawyers - Euan Pinkerton, John Shum, Waleed Al-Nuwaiser Role - International counsel to lenders

Deal summary

· Two project facilities to support Saudi Oger’s financing of the King Abdullah project 2

· Structured as a $800 million senior secured term loan facility and a $1.06 billion advance payment guarantee facility

· Deal was complicated by its cross-jurisdictional nature – bringing together financial institutions across China, Europe and the Middle East

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