Banking & Finance
Global Guide 2024 : Saudi Arabia
Band 1
Contact number
+966 114819700Chambers Review
In 2023 Clifford Chance became one of the first international law firms to establish a formal presence in Riyadh, establishing a joint venture with its long-term Saudi association partner AS&H. The team is recognised throughout the market as a consistent presence on high-profile syndicated financings, with additional expertise in restructuring and refinancing. It is often seen acting on notable projects in the infrastructure and energy spaces, handling the development as well as finance aspects. The team represents a range of international and regional banking clients, as well as government entities. The firm also has considerable experience in real estate financings.
Work Highlights
- AS&H Clifford Chance counselled Saudi United Investment Company (as borrower) and the Public Investment Fund (as its guarantor) on the receipt of a USD17 billion term loan from a syndicate of approximately 30 international and domestic banks.
Strengths
Provided by Chambers
"AS&H are an exceptional law firm in Saudi. When it comes to local advice they are our go-to guys, specifically for banking, finance, restructuring and insolvency."
"AS&H are an exceptional law firm in Saudi. When it comes to local advice they are our go-to guys, specifically for banking, finance, restructuring and insolvency."
Notable Practitioners
Mohamed Hamra-Krouha is a respected project finance lawyer who is able to leverage his vast international experience in his advice to clients. He splits his time between Abu Dhabi and Riyadh, and often acts on behalf of large international, regional and Saudi banks, as well as government entities.
Yasser Al-Hussain regularly advises on project finance, syndicated lending and other Shari'a-compliant transactions, as well as refinancing and banking litigation. He heads the Saudi banking and finance practice from Riyadh.