Al Tamimi & Company advises Al Ahli Bank of Kuwait on historic USD1billion syndicated loan

Al Tamimi & Company has provided expert legal counsel to Al Ahli Bank of Kuwait (DIFC Branch) in securing a landmark USD1 billion global syndicated term loan facility. This transaction, which spans over three years, represents the largest debt financing in the bank’s history, further solidifying its position in the global financial markets.

The syndicate, composed of leading international and regional banks, will enable Al Ahli Bank of Kuwait to enhance its strategic objectives and strengthen its financial standing on a global scale.

Reflecting on the significance of the deal, Omar Handoush, partner and head of the Kuwait Office at Al Tamimi & Company, remarked, “The trust and confidence our clients continuously place in us is a testament to our commitment to excellence, and we are grateful for the opportunity to be part of this milestone deal.”

The Al Tamimi & Company team, renowned for its expertise in complex banking and finance transactions, played a pivotal role in structuring and executing the syndicated loan. The team was led by Omar Handoush, with support from senior counsel Madhurima Basu and associate Amna Khan.