6th June 2023
Madinat Jumeirah Conference Centre, Dubai
2022
WINNERS ANNOUNCED
300+
NOMINATIONS RECEIVED IN 2022
200+
SENIOR DECISION MAKERS

About Bonds, Loans & Sukuk Middle East AWARDS 2023

Since 2015 the Bonds, Loans & Sukuk Middle East Awards has been recognising the most innovative and ground-breaking deals from Sovereign, Corporate and Financial Institution issuers and borrowers in the Middle East.

The exhaustive selection process involves close examination of deal size, tenor, structure, and distribution; analysis and background of the borrower and their accessibility to financing; with extra credit for those deals demonstrating high quality execution, accessing new pools of liquidity, innovative structuring, and opening-up new markets.

Bringing together the industry’s most high-profile figures, the Bonds, Loans & Sukuk Awards ceremony is an opportunity to raise the profile of the financial markets with the international investment community, and to inspire future issuance by Middle Eastern companies.

CONGRATULATIONS TO THE 2022 WINNERS!

Following a rigorous selection process, we are delighted to announce the Bonds, Loans & Sukuk Middle East AWARDS 2022 winners! To join the Middle East's most high-profile figures at the awards ceremony on the 8th June at The Madinat Jumeirah, Dubai, book your table here today.

Bonds, Loans & Sukuk Middle East AWARDS - 2022 WINNERS

  • Sovereign, Supra & Agency Bond Deal of the Year
    Federal Government of the United Arab Emirates
    USD 4bn 144a/RegS Triple-Tranche Senior Unsecured Bond (October 2021)
    JLMs/Bookrunners: Abu Dhabi Commercial Bank, BofA Securities, Citi, EmiratesNBD, First Abu Dhabi Bank, HSBC, JP Morgan, Mashreq, Standard Chartered Bank
    Legal Advisers to Issuer: Clifford Chance
    Legal Adviser to the JLMs: Latham & Watkins

  • Quasi-Sovereign Bond Deal of the Year
    Qatar Energy
    USD 12.5bn 144a/RegS 4-tranche Senior Unsecured Bond (June 2021)
    JLMs/Bookrunners: BofA Securities, Citi, Credit Suisse, Deutsche Bank, JP Morgan, Goldman Sachs, HSBC, MUFG, QNB Capital
    Legal Advisers to Issuer: White & Case
    Legal Adviser to the JLMs: Skadden
  • Corporate Bond Deal of the Year
    TAQA Group
    USD 1.5bn 144a/RegS Dual-Tranche Senior Unsecured Bond (April 2021)
    JLMs/Bookrunners: Bank of China, Citi, First Abu Dhabi Bank, HSBC, Mashreq, Mizuho, MUFG
    Legal Advisers to Issuer: Allen & Overy
    Legal Adviser to the JLMs: Linklaters
  • ​Bank/FI Bond Deal of the Year
    Saudi National Bank
    USD 1.25bn RegS Perpetual NC6 Tier 1 Sukuk (Jan 2021)
    JLMs/Bookrunners: Citi, Emirates NBD, Goldman Sachs, JP Morgan, MUFG, NCB Capital, Standard Chartered Bank
    Legal Advisers to Issuer: Linklaters, Zamakhchary & Co.
    Legal Adviser to the JLMs: Clifford Chance

  • Syndicated Loan Deal of the Year
    ADQ
    USD 4.5bn Revolving Credit Facility and Term Loan (December 2021)
    Bookrunners: Citi, Credit Agricole CIB, First Abu Dhabi Bank, HSBC, Mizuho,
    MLAs: Abu Dhabi Commercial Bank, BofA Securities, Bank of China, Barclays, BNP Paribas, Emirates NBD, Intesa Sanpaolo, JP Morgan, MUFG, Natixis, Standard Chartered Bank, SMBC
    Lead Arrangers: Deutsche Bank, ICBC, Mashreqbank, National Bank of Kuwait, RAKBank, State Bank of India
    Arrangers: Arab Bank, CBD, Credit Suisse, DBS Bank, Goldman Sachs, ING, Morgan Stanley, Unicredit
    Legal Advisers to the Borrower: Allen & Overy
    Legal Adviser to the JLMs: Freshfields Bruckhaus Deringer

  • Structured Finance Deal of the Year
    Telecom Egypt
    USD 500m Syndicated Term Loan Facility (October 2021)
    Bookrunners: First Abu Dhabi Bank, Mashreqbank
    MLAs: Ahli United Bank, Arab Bank, Bank ABC, National Bank of Kuwait, AlAhli Bank of Kuwait, EuropeArab Bank, Abu Dhabi Commercial Bank
    Lead Arrangers: Bank of Jordan
    Legal Advisers to the Borrower: Pinsent Masons
    ​Legal Adviser to the JLMs: Norton Rose Fulbright
  • Project Finance Deal of the Year
    Jazan Integrated Gasification and Power Company (JIGPC)
    Sponsors:
    Air Products, ACWA Power, Saudi Aramco
    USD 7.267bn Limited Recourse Project Finance Loan (Oct 2021)
    Global Coordinators and Bookrunners: Abu Dhabi Commercial Bank, Bank of China, Banque Saudi Fransi, First Abu Dhabi Bank, Natixis, SABB, SMBC, Standard Chartered Bank
    Bookrunners: AlRajhi, Alinma, APICORP, Saudi National Bank, JP Morgan, Mizuho
    Legal Advisers to the Borrower: Covington & Burling
    ​Legal Adviser to the MLAs: Shearman & Sterling, Dr. Sultan Al-Masoud and Partners
  • Export Finance Deal of the Year
    Sadara Chemical Company
    USD 9.9bn Senior Secured ECA, Syndicated Loan and Sukuk Facilities (Mar 2021)
    ECAs: K-Exim, K-Sure, US Exim, COFACE, Euler-Hermes, FIEM, UKEF
    Commercial Bank Lenders: Mizuho, KfW IPEX Bank, HSBC, Standard Chartered Bank, Riyad Bank, Saudi National Bank, SABB, Banque Saudi Fransi, MUFG, SMBC, First Abu Dhabi Bank
    Legal Advisers to the Borrower: DLA Piper
    ​Legal Advisers to the MLAs: Milbank
  • M&A/Acquisition Finance Deal of the Year
    EIG Pearl Holdings

    Sponsors: EIG Global Energy Partners, Mubadala Investment Company, Silk Road Fund, Hassana, Samsung Asset Management, Saudi Aramco
    USD 12.4bn Multi-Tranche Acquisition Bridge-to-Bond Project Finance Loan (June 2021)
    MLAs/Bookrunners: BNP Paribas, Citi, First Abu Dhabi Bank, HSBC, JPMorgan, MUFG, Mizuho, SMBC
    MLAs: Abu Dhabi Commercial Bank, Bank of China, Credit Agricole CIB, Standard Chartered, Agricultural Bank of China, ICBC, Intesa Sanpaolo, Natixis, Riyad Bank
    Legal Adviser for the Borrower: White & Case
    Legal Adviser for the MLAs: Clifford Chance

  • Leveraged Finance Deal of the Year
    Evergrow for Specialized Fertilizers
    USD 415m Leverage-linked Syndicated Term Loan Facility (April 2021)
    MLAs/Bookrunners: Mashreqbank, National Bank of Egypt, Arab African International Bank
    MLAs: HSBC, Ahli United Bank
    Lead Arrangers: Al Ahli Bank of Kuwait, Egyptian Gulf Bank, Emirates NBD, Egyptian Arab Land Bank, Housing and Development Bank, Suez Canal Bank
    ​Legal Adviser for the MLAs: Allen & Overy
  • Equity Capital Markets Deal of the Year
    ACWA Power
    USD1.2bn (SAR 56 per share) Initial Public Offering (October 2021)
    Global Coordinators: Citi, JP Morgan, Natixis, Riyad Capital
    Bookrunners: EFG Hermes, Emirates NBD, First Abu Dhabi Bank
    Issuer Legal Adviser: Clifford Chance & AS&H
    ​Bookrunner Legal Adviser: Baker McKenzie & Legal Advisors (Abdulaziz Alajlan & Partners)
  • ESG Bond Deal of the Year
    APICORP
    USD 750m 144a/RegS Senior Unsecured Green Bond (Oct 2021)
    JLMs/Bookrunners: Barclays, BofA Securities, Credit Agricole CIB, HSBC, JP Morgan, LBBW, Nomura, Standard Chartered Bank
    Legal Adviser for the Issuer: Allen & Overy
    ​Legal Adviser for the Bookrunners: Clifford Chance
  • ESG Loan Deal of the Year
    Etihad Airways
    USD 1.2bn Sustainability-Linked Loan Facility (Oct 2021)
    MLAs/Bookrunners: First Abu Dhabi Bank, HSBC
    Legal Adviser for the Borrower: Clifford Chance
    ​Legal Adviser for the MLAs: Dentons
  • Global Sovereign, Supra & Agency Sukuk Deal of the Year
    Islamic Development Bank
    USD 2.5bn RegS Sustainable Sukuk (Mar 2021)
    JLMs/Bookrunners: Citi, Goldman Sachs, HSBC, Natixis, Societe Generale, Standard Chartered Bank, Warba Bank
    Legal Adviser for the Issuer: Dentons
    Legal Adviser for the Bookrunners: Allen & Overy
  • Global Corporate Sukuk Deal of the Year:
    Saudi Aramco
    USD 6bn 144a/RegS Senior Unsecured Sukuk al-Ijara/Murabaha (June 2021)
    JLMs/Bookrunners: First Abu Dhabi Bank, HSBC, Standard Chartered Bank, Alinma Capital, Al Rajhi Capital, BNP Paribas, Citi, Goldman Sachs, JP Morgan, Morgan Stanley, NCB Capital, Riyad Capital, SMBC, Abu Dhabi Commercial Bank, Albilad Capital, AlJazira Capital, Alistithmar Capital, ANB Invest, BOC International, Credit Agricole CIB, Dubai Islamic Bank, Emirates NBD, Gulf International Bank, KFH Capital, MUFG, Mizuho, NBK Capital, Saudi Fransi Capital, Societe Generale
    Legal Advisers to Issuer: White & Case
    Legal Adviser to the JLMs: Latham & Watkins
  • Global Bank/FI Sukuk Deal of the Year
    Kuveyt Türk Katilim Bankasi
    USD 350m RegS ESG-Compliant Tier 2 Regulatory Capital Sukuk (Sept 2021)
    JLMs/Bookrunners: Bank ABC, Dubai Islamic Bank, Emirates NBD, Citi, HSBC
    Global Coordinators: KFH Capital
    Legal Advisers to the Obligor: Akin Gump Strauss Hauer & Feld, Mutlu Avukatlık Ortaklığı
    Legal Advisers to Issuer: Maples Group
    ​Legal Advisers to JLMs: Clifford Chance, Çiftçi Attorney Partnership
  • Islamic Syndication Deal of the Year
    Ministry of Finance, The Arab Republic of Egypt
    USD 3bn Global Green Term Loan and Islamic Financing Facility (Nov 2021)
    Global Coordinators & Bookrunners: Emirates NBD, First Abu Dhabi Bank
    MLAs: ABC Islamic Bank, Abu Dhabi Islamic Bank, Al Ahli Bank of Kuwait, Bank ABC, Dubai Islamic Bank, GIB, Intesa Sanpaolo, Mashreqbank, SMBC
    Lead Arrangers: Abu Dhabi Commercial Bank, Ajman Bank, MUFG, National Bank of Kuwait, Standard Chartered Bank
    Arrangers: Commercial Bank International, Commercial Bank of Dubai, Deutsche Bank, Emirates Islamic Bank, Gulf Bank, Kuwait International Bank, Warba Bank
    Legal Adviser to the Borrower: Baker Mackenzie
    ​Legal Adviser to MLAs: Dentons
  • Islamic Structured Finance Deal of the Year
    Saudi Arabian Airlines Corporation (Saudia)
    SAR 11.2bn Senior Unsecured Syndicated Facility (Mar 2021)
  • Sole Financial Adviser and Investment Agent: HSBC
  • JLMs/Bookrunners: SABB, SAMBA, Arab National Bank, Bank Aljazira, Albilad, Al Rajhi Bank
    Legal Advisers to Borrower: Norton Rose Fulbright
    Legal Adviser to the JLMs: AlDhabaan & Partners, Eversheds Sutherland

  • Ground-Breaking Deal of the Year
    Pure Harvest Smart Farms
    USD 50m Privately Placed Secured Sukuk al-Murabaha/Ijara (March 2021)
    Global Coordinator: Shuaa Capital
    Legal adviser to the Obligor: Sustainable Development Finance Partners
    Legal Adviser to the Issuer: Walkers
    Legal Adviser to the JLMs: Morgan Lewis & Bockius
  • Sovereign Treasury & Funding Team of the Year:
    National Debt Management Centre, Kingdom of Saudi Arabia

  • Corporate Treasury & Funding Team of the Year:
    Abu Dhabi Ports Company

  • Bank Treasury & Funding Team of the Year:
    First Abu Dhabi Bank

  • Project Sponsor of the Year:
    ACWA Power

  • Best MENA Fixed Income Fund Strategy 2021:
    Franklin Templeton Investments (ME): Franklin Gulf Wealth Bond Fund

  • Best MENA Fixed Income Fund Strategy 2019-2021:
    Franklin Templeton Investments (ME): Franklin Gulf Wealth Bond Fund

  • Best Global Sukuk Fund Strategy 2021:
    FIM Partners: FIM Partners Global Sukuk Fund

  • Best Global Sukuk Fund Strategy 2019-2021:
    Franklin Templeton Investments (ME): Franklin Global Sukuk Fund

  • Bond House of the Year:
    HSBC

  • Loan House of the Year:
    First Abu Dhabi Bank

  • Structured Finance Bank of the Year:
    Emirates NBD Capital

  • Project Finance Bank of the Year:
    Standard Chartered Bank

  • Export Finance Bank of the Year:
    SMBC

  • Sukuk House of the Year:
    Standard Chartered Bank

  • Islamic Syndications House of the Year:
    Emirates NBD Capital

  • Equity Capital Markets House of the Year:
    Citi

  • ESG/Sustainable Finance Adviser of the Year:
    HSBC

  • Regional Investment Bank of the Year:
    First Abu Dhabi Bank

  • Banking & Finance Legal Adviser of the Year:
    Clifford Chance

  • Debt Capital Markets Legal Adviser of the Year:
    Linklaters

  • Sukuk Legal Adviser of the Year:
    Allen & Overy

  • Islamic Banking & Finance Legal Adviser of the Year:
    White & Case

CRITERIA TO ENTER

  • Transactions submitted for Deals of the Year must have closed between 1st January 2021 and 31st December 2021
  • Submissions must have consent from the Issuer/Borrower for the transaction to be nominated
  • Banks and Advisers submitting for Deals of the Year may only nominate one deal per Award category
  • For the Bank, Borrower, Investor and Legal Awards only performance in 2021 will be considered

Please note:

  • Winners will be notified of their success after 14th April 2022

PROCESS:

All submissions must be received by COB on Friday 4th 3rd February 2022
Winners will be notified of their success after 14th April 2022
The Bonds, Loans & Sukuk Awards Ceremony will be held on
Wednesday 8th June 2022


Please note: To submit a deal, download the nomination form and send to Awards@GFCMediaGroup.com


CATEGORIES

Deals of the Year: Bank/House Awards:
Sovereign, Supra & Agency Bond Deal of the Year Bond House of the Year
Quasi-Sovereign/GRE Bond Deal of the Year Loan House of the Year
Corporate Bond Deal of the Year Structured Finance House of the Year
Bank/Financial Institutions Bond Deal of the Year Project Finance Bank of the Year
Syndicated Loan Deal of the Year Export Finance Bank of the Year
Structured Finance Deal of the Year ESG/Sustainable Finance Adviser of the Year
Project Finance Deal of the Year Sukuk House of the Year
Export Finance Deal of the Year Islamic Syndications House of the Year
M&A/Acquisition Finance Deal of the Year Equity Capital Markets House of the Year
Leveraged Finance Deal of the Year (Mid-Cap Borrower) Regional Investment Bank of the Year
Equity Capital Markets Deal of the Year
ESG Bond Deal of the Year
ESG Loan Deal of the Year
Global Sovereign Sukuk Deal of the Year (Issuer can be from any country)
Global Corporate Sukuk Deal of the Year (Issuer can be from any country)
Global Bank/FI Sukuk Deal of the Year
Islamic Syndication of the Year
Islamic Structured Finance Deal of the Year
Ground-breaking Deal of the Year
Borrower Awards: Investor Awards: Legal Awards:
Sovereign Treasury & Funding Team of the Year Best MENA Fixed Income Fund Strategy 2021 Banking & Finance Legal Adviser of the Year
Corporate Treasury & Funding Team of the Year Best MENA Fixed Income Fund Strategy 2019-2021 Debt Capital Markets Legal Adviser of the Year
Bank Treasury & Funding Team of the Year Best Global Sukuk Fund Strategy 2021 Sukuk Legal Adviser of the Year
Project Sponsor of the Year Best Global Sukuk Fund Strategy 2019-2021 Islamic Banking & Finance Legal Adviser of the Year

SELECTION PROCESS AND CRITERIA

All submissions must be received by COB on Friday 4th February 2022
Winners will be notified of their success after 14th April 2022
The Bonds, Loans & Sukuk Awards Ceremony will be held on
Wednesday 8th June 2022

Please note: To submit a deal, download the nomination form and send to Awards@GFCMediaGroup.com


Deals of the Year Selection Process and Criteria:

  • Profile of the borrower and how much access they have to the financial markets
  • Deal size, tenor, pricing, spread compression (vs. IPTs)
  • Features of a transaction that are new to the market, or contribute to the development of the sector
  • Borrower objectives vs. results; and use of proceeds
  • Market research and feedback

Bank and Legal Awards Selection Process and Criteria:

  • League Table position (Deal volume and number of deals)
  • Innovation, Market Leadership and Deals of Note
  • Roles on key transactions
  • Market Feedback

Borrower Awards Selection Process and Criteria:

  • Innovation demonstrated in approach to funding and debt management
  • Market Feedback

Investor Awards Selection Process and Criteria:

  • Total return performance and the funds’ strategy in navigating through volatility

WATCH THE HIGHLIGHTS VIDEO FROM BONDS, LOANS & SUKUK MIDDLE EAST AWARDS 2022

ACCOMMODATION

Unfortunately the discounted room block for Bonds, Loans & Sukuk Middle East has now sold out. Rooms may still be available but should be booked via usual methods. There are three hotels within the Jumeirah resort which can be seen below, and all are within close proximity/walking distance to the Madinat Conference Hall (the event venue). Mina A’Salam is the closest, followed by Al Naseem and Al Qasr.

To check availability and to book please visit www.Jumeirah.com. Otherwise please feel free to book through your usual booking agent or direct with any other hotel of your choosing.