ASAR – Al Ruwayeh & Partners Advised Lenders On KWD 1.5 Billion Financing Facility For Kuwait Petroleum Corporation
ASAR – Al Ruwayeh & Partners advised the global finance parties, including National Bank of Kuwait and Kuwait Finance House, on a KWD 1.5 billion senior unsecured conventional loan and commodity murabaha facility for Kuwait Petroleum Corporation.
ASAR – Al Ruwayeh & Partners advised lenders on KWD 1.5 billion financing facility for Kuwait Petroleum Corporation
The leading corporate law firm based in Kuwait and Bahrain, ASAR – Al Ruwayeh & Partners has advised the global finance parties on a KWD 1.5 billion senior unsecured conventional loan and commodity murabaha term facility provided to Kuwait Petroleum Corporation (KPC). The global finance parties were represented by the National Bank of Kuwait and Kuwait Finance House, acting as initial mandated lead arrangers.
This deal marks a significant step in Kuwait’s financing landscape, supporting KPC’s strategic initiatives through one of the largest financing arrangements in the country’s energy sector.
The ASAR team was led by Rob Little (Head of Finance, M&A and Capital Markets) and Ibrahim Sattout (Partner), with support from Hussein Azmy (Senior Associate) and Mariam Al Rashed (Senior Associate).
ASAR – Al Ruwayeh & Partners is a multi-award winning, Tier 1 corporate law firm and one of the largest in the Middle East, with offices in Kuwait and Bahrain. The firm has operated in Kuwait since 1977 and in Bahrain since 2006, serving multinational corporations, financial institutions, government entities, and private clients.
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