Norton Rose has advised 19 commercial and Islamic banks on the $1.4bn (£683m) financing of a $2.1bn (£1bn) petrochemicals project run by Kuwait Paraxylene Production Company (KPPC).

The law firm fielded teams from the Middle East and London to advise on the Islamic and conventional debt portion of the deal respectively. The teams were headed up by the firm’s head of Middle East banking and projects, Dominic Harvey.