Dentons Advised Financiers On AED 760 Million Secured Facility For Al Seer Marine
Dentons advised financiers on AED 760 million secured facility for Al Seer Marine
Dentons advised the financiers on a landmark AED 760 million, eight-year secured facility provided to Al Seer Marine (ASM), a leading UAE-based maritime company. The facility was arranged by Abu Dhabi Commercial Bank (ADCB) and will support ASM's capital efficiency and next phase of growth.
The global Dentons team acted as legal counsel to the financiers, coordinating expertise from multiple jurisdictions including the UAE, Singapore, Hong Kong, Germany, Liberia, Panama, and the Cayman Islands to deliver comprehensive local law coverage and seamless cross-border execution.
Nathaniel Armstrong, who led Dentons' global team, commented:
The Dentons team was led by Nathaniel Armstrong (Partner, Abu Dhabi) with support from Shaakir Daud (Senior Associate), Bayan Jafari-Eshaiker (Associate) and Najeeb Gill (Associate). Local law support was provided by Dentons partners Janice Ngeow (Singapore), Gordon Ng (Hong Kong) and Axel Schlieter (Frankfurt) and their respective teams.
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