Lovells' Islamic finance team in Dubai has closed a $1bn (£490m) convertible Islamic bond deal, just five months after moving across from Denton Wilde Sapte to set up the office.
November 21, 2007 at 08:29 PM
1 minute read
The original version of this story was published on Legalweek
Lovells’ Islamic finance team in Dubai has closed a $1bn (£490m) convertible Islamic bond deal, just five months after moving across from Denton Wilde Sapte to set up the office.
The team advised JP Morgan, Barclays Capital and Citi as joint lead managers on a five-year convertible sukuk for Middle East natural gas producer Dana Gas, which gives investors the option to convert their investment into shares in the company.
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