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Three firms advise on $3.5 billion Qatar Diar Finance bond offering
Latham & Watkins, Skadden Arps Meagher & Flom and Hogan Lovells have taken leading roles on Qatari Diar Finance's $3.5 billion bond offering.
Qatari Diar Finance, a subsidiary of the country’s sovereign wealth fund Qatari Diar Real Estate Investment Company, will use the funds raised by the issue to fund a range of domestic real estate development projects, and intends channel funds to development company Barwa City Real Estate, in which it holds a 45% stake.
Qatari Diar Finance was advised by a team from Latham & Watkins. The team was led finance partner Bill Voge alongside Doha-based corporate counsel Craig Stoehr.
Skadden Arps Meagher & Flom corporate partner Harold Moore advised the group of underwriting banks, including Barclays, HSBC, Qatar National Bank, Standard Chartered and RBS.
Barwa was advised by a Hogan Lovells team led by global head of Islamic finance Rahail Ali, and assisted by senior associate Daniel Rankin and associate Faraz Naqvi.
Read more at www.legalweek.com