5th June 2024
Madinat Jumeirah Conference Centre, Dubai
2024
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BONDS, LOANS & SUKUK MIDDLE EAST AWARDS 2024

5TH JUNE | MADINAT JUMEIRAH CONFERENCE CENTRE, DUBAI

"Recognising the most innovative & ground-breaking deals from the Middle East"

Join the industry's most high-profile figures in celebrating!

Since 2014, the Bonds & Loans Awards has been recognising the most innovative and ground-breaking deals from Sovereign, Corporate and Financial Institution issuers and borrowers.

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 Middle East 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.

ENQUIRIES: email Awards@GFCMediaGroup.com

2024 AWARD WINNERS:

Sovereign, Supra & Agency Bond Deal of the Year

National Debt Management Center, Kingdom of Saudi Arabia

  • USD12bn Triple Tranche Bond
  • Issue Date: January 2024
  • Bookrunners/JLMs: Citi, HSBC, JP Morgan, Standard Chartered Bank
  • Issuer/Borrower Legal Advisers: Allen & Overy
  • Bookrunner/JLMs Legal Advisers: Linklaters, Zamakhchary & Co.

Quasi-Sovereign/GRE Bond Deal of the Year

Mamoura Diversified Global Holding PJSC (Mubadala)

  • USD750m Green Bond
  • Issue Date: October 2023
  • Bookrunners/JLMs: Abu Dhabi Commercial Bank, ING, Standard Chartered Bank, FAB, Deutsche bank, JP Morgan, Credit Agricole, Mizuho, HSBC
  • Issuer/Borrower Legal Advisers: Allen & Overy
  • Bookrunner/JLMs Legal Advisers: Clifford Chance

Corporate Bond Deal of the Year

DP World

  • $1.5bn Green Sukuk
  • Issue Date: September 2023
  • Bookrunners/JLMs: Citi, Deutsche Bank, Dubai Islamic Bank, Emirates NBD, First Abu Dhabi Bank, HSBC, J.P. Morgan, Standard Chartered Bank
  • Co-managers: ADCB, Barclays, Mashreq, Scotiabank, Societe Generale and Saudi National Bank
  • ESG structuring bank: HSBC
  • Issuer/Borrower Legal Advisers: Clifford Chance
  • Bookrunner/JLMs Legal Advisers: White & Case

Financial Institutions Bond Deal of the Year

Emirates NBD Bank

  • USD750m Green Bond
  • Issue Date: October 2023
  • Bookrunners/JLMs: Abu Dhabi Commercial Bank, BNP Paribas, Emirates NBD Capital, HSBC, ING, Standard Chartered Bank
  • Issuer/Borrower Legal Adviser: Clifford Chance
  • Bookrunner/JLMs Legal Adviser: Linklaters

Syndicated Loan Deal of the Year

National Debt Management Center, Kingdom of Saudi Arabia

  • USD11bn Loan
  • Issue Date:
  • Bookrunners/JLMs: Bank of China, First Abu Dhabi Bank, HSBC, ICBC, J.P. Morgan, Standard Chartered Bank
  • Issuer/Borrower Legal Advisers: Gibson Dunn
  • Bookrunner/JLMs Legal Advisers: Millbank

Local Currency Bond Deal of the Year

First Abu Dhabi Bank

  • AED1.3bn Sukuk
  • Issue Date: July 2023
  • Bookrunner/JLMs: Emirates NBD Capital, First Abu Dhabi Bank, HSBC, Sharjah Islamic Bank, Standard Chartered Bank
  • Green Structuring Agent: First Abu Dhabi Bank
  • Issuer/Borrower Legal Adviser: Dentons, Clifford Chance
  • Bookrunner/JLMs Legal Advisers: Allen & Overy

Local Currency Loan Deal of the Year

M42

  • AED6.75bn Loan
  • Issue Date: December 2023
  • Bookrunners/JLMs: Abu Dhabi Commercial Bank, First Abu Dhabi Bank
  • Issuer/Borrower Legal Advisers: Clifford Chance
  • Bookrunner/JLMs Legal Advisers: Allen & Overy

ESG Bond Deal of the Year

Abu Dhabi Future Energy Company PJSC – Masdar

  • USD750m Green Bond
  • Issue Date: July 2023
  • Bookrunners/JLMs: BNP Paribas, Citi, First Abu Dhabi Bank, HSBC, SMBC, Societe Generale, Standard Chartered Bank
  • Issuer/Borrower Legal Adviser: Allen & Overy
  • Bookrunner/JLMs Legal Adviser: Clifford Chance

ESG Loan Deal of the Year

Barakah One Company PJSC

  • USD2.42bn Loan
  • Issue Date: July 2023
  • Bookrunner/JLMs: Abu Dhabi Commercial Bank, First Abu Dhabi Bank
  • Issuer/Borrower Legal Adviser: Latham & Watkins
  • Bookrunner/JLMs Legal Advisers: Bracewell

Project Finance Deal of the Year

Al-Shuaibah

  • USD2.4bn Project Finance Loan

  • Issue Date: October 2023
  • Mandated Lead Arrangers/Bookrunners and Joint Green Loan Coordinator: First Abu Dhabi Bank and Standard Chartered Bank
  • Mandated Lead Arrangers/Bookrunners: Banque Saudi Fransi, Mizuho Bank, Riyad Bank
  • Mandated Lead Arrangers: Saudi Investment Bank, Saudi National Bank
  • Issuer/Borrower Legal Adviser: Covington Burling
  • Bookrunner/JLMs Legal Advisers: DLA Piper

Structured Finance Deal of the Year

Lulu International Holding Ltd

  • AED10bn Term Loan, Syndication
  • Issue Date: August 2023
  • Bookrunners/JLMs: Abu Dhabi Commercial Bank, Dubai Islamic Bank, Emirates NBD Capital, Mashreq
  • Issuer/Borrower Legal Advisers: Norton Rose Fulbright
  • Bookrunner/JLMs Legal Advisers: Dentons

Infrastructure Finance Deal of the Year

Abu Dhabi Ports Company

  • USD2bn equivalent, split as: EUR600m, USD620m and AED2.9bn Syndicated Loan Facility
  • Issue Date: April 2023
  • Bookrunner/JLMs: Abu Dhabi Commercial Bank, Citi, First Abu Dhabi Bank, Mizuho
  • Issuer/Borrower Legal Adviser: Allen & Overy

Power Finance Deal of the Year

Saudi Electricity Company

  • USD3bn Islamic Term Loan
  • Issue Date: October 2023
  • Bookrunners/JLMs: Dubai Islamic Bank, Kuwait Finance House, Mashreq, Saudi National Bank
  • Issuer/Borrower Legal Advisers: Allen & Overy
  • Bookrunner/JLMs Legal Advisers: Clifford Chance

Transport Finance Deal of the Year

Dubai Aerospace Enterprise

  • USD1.6bn Loan
  • Issue Date: September 2023
  • Bookrunners/JLMs: HSBC, J.P. Morgan
  • Issuer/Borrower Legal Advisers: Pillsbury Winthrop Shaw
  • Bookrunner/JLMs Legal Advisers: Allen & Overy

Natural Resources Finance Deal of the Year

RGE

  • USD1bn Sustainability-Linked Loan
  • Issue Date: January 2024
  • Bookrunners/JLMs: Bank of Communications, Commercial Bank of Dubai, E.SUN Commercial Bank, First Abu Dhabi Bank, Hua Nan Commercial Bank, Industrial Bank, MUFG, Shanghai Pudong Development Bank

ECA, DFI & IFI Deal of the Year

Borouge 4 LLC

  • USD3.19bn Term Loan
  • Issue Date: 19/05/2023
  • Bookrunner/JLMs: Agricultural Bank of China, BBVA, Caixa Bank, Citi, Commerzbank, Credit Agricole CIB, DZ Bank, Emirates Development Bank, Erste Group Bank, First Abu Dhabi Bank, HSBC, ING, J.P. Morgan, KfW IPEX Bank, Santander, SMBC, Société Générale, UniCredit and Bank of China
  • Facility Agent: BBVA
  • Issuer/Borrower Legal Adviser: Allen & Overy
  • Bookrunner/JLMs Legal Advisers: Shearman & Sterling

Real Estate Finance Deal of the Year

Aldar

  • USD500m Green Sukuk
  • Issue Date: May 2023
  • Bookrunners/JLMs: Abu Dhabi Commercial Bank, HSBC, Mashreq, Standard Chartered Bank
  • Issuer/Borrower Legal Advisers: Allen & Overy
  • Bookrunner/JLMs Legal Advisers: Clifford Chance

Acquisition Finance Deal of the Year

AviLease

  • USD2.1bn Loan
  • Issue Date: August 2023
  • Bookrunner/JLMs: BNP Paribas, Citi, HSBC, MUFG
  • Issuer/Borrower Legal Adviser: Allen & Overy
  • Bookrunner/JLMs Legal Advisers: Clifford Chance

Equity Capital Markets Deal of the Year

Dubai Taxi Company

  • USD315m Equity - IPO
  • Issue Date: November 2023
  • Bookrunner/JLMs: BofA Securities, Citi, Emirates NBD Capital
  • Issuer/Borrower Legal Adviser: Allen & Overy, INP
  • Bookrunner/JLMs Legal Advisers: Clifford Chance

M&A Deal of the Year

M42

  • AED6.75bn Loan
  • Issue Date: December 2023
  • Bookrunners/JLMs: Abu Dhabi Commercial Bank, First Abu Dhabi Bank
  • Issuer/Borrower Legal Advisers: Clifford Chance
  • Bookrunner/JLMs Legal Advisers: Allen & Overy

Sukuk Deal of the Year

Public Investment Fund

  • USD3.5bn Sukuk
  • Issue Date: October 2023
  • Bookrunners/JLMs: Abu Dhabi Commercial Bank, Albilad Capital, Alrajhi Capital, Bank of China, BNP Paribas, BofA Securities, Citi, Credit Agricole CIB, Deutsche Bank, Emirates NBD, First Abu Dhabi Bank, Goldman Sachs, HSBC, J.P. Morgan, Mizuho, MUFG, SMBC, SNB Capital, Standard Chartered Bank
  • Issuer/Borrower Legal Advisers: Linklaters, Zamakhchary & Co.
  • Bookrunner/JLMs Legal Advisers: Allen & Overy

Liability Management Deal of the Year

Majid Al Futtaim

  • USD500m Sukuk & Fixed Price Tender Offer of May 2024 Notes
  • Issue Date: May 2023
  • Bookrunners/JLMs: Citi, HSBC, Standard Chartered, Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Dubai Islamic Bank, First Abu Dhabi Bank, Bank ABC, ICBC
  • Issuer/Borrower Legal Advisers: Clifford Chance
  • Bookrunner/JLMs Legal Advisers: Dentons

High Yield Debt Deal of the Year

FIVE Holdings

  • USD350m Green Bond
  • Issue Date: October 2023
  • Bookrunners/JLMs: Arab African International Bank, Citi, Commercial Bank of Dubai, Deutsche Bank, Emirates NBD Capital, Mashreq
  • Issuer/Borrower Legal Advisers: White & Case
  • Bookrunner/JLMs Legal Advisers: Latham & Watkins

Leveraged Finance Deal of the Year

Rawabi Energy Company

  • SAR5.615bn & USD416m Dual Currency, Islamic & Conventional, Syndicated Loan
  • Issue Date: July 2023
  • Sole Structuring Bank: HSBC
  • Joint Global Coordinators: Gulf International Bank, HSBC
  • Mandated Lead Arrangers: Alinma Bank, Al Rajhi Bank, Bank Aljazira, Gulf International Bank, Saudi Awwal Bank, Saudi National Bank, Riyad Bank
  • Lead Arranger: First Abu Dhabi Bank
  • Legal Adviser to the Borrower: Simmons & Simmons
  • Legal Adviser to the Mandated Lead Arrangers and Lead Arranger: Linklaters

Ground-Breaking Deal of the Year

Public Investment Fund

  • USD3.5bn Sukuk
  • Issue Date: October 2023
  • Bookrunners/JLMs: Abu Dhabi Commercial Bank, Albilad Capital, Alrajhi Capital, Bank of China, BNP Paribas, BofA Securities, Citi, Credit Agricole CIB, Deutsche Bank, Emirates NBD, First Abu Dhabi Bank, Goldman Sachs, HSBC, J.P. Morgan, Mizuho, MUFG, SMBC, SNB Capital, Standard Chartered Bank
  • Issuer/Borrower Legal Advisers: Linklaters, Zamakhchary & Co.
  • Bookrunner/JLMs Legal Advisers: Allen & Overy

Islamic Capital Markets Deal of the Year

Public Investment Fund

  • USD3.5bn Sukuk
  • Issue Date: October 2023
  • Bookrunners/JLMs: Abu Dhabi Commercial Bank, Albilad Capital, Alrajhi Capital, Bank of China, BNP Paribas, BofA Securities, Citi, Credit Agricole CIB, Deutsche Bank, Emirates NBD, First Abu Dhabi Bank, Goldman Sachs, HSBC, J.P. Morgan, Mizuho, MUFG, SMBC, SNB Capital, Standard Chartered Bank
  • Issuer/Borrower Legal Advisers: Linklaters, Zamakhchary & Co.
  • Bookrunner/JLMs Legal Advisers: Allen & Overy

Global Financial Institutions Sukuk Deal of the Year

Abu Dhabi Islamic Bank

  • USD750m ATI Sukuk
  • Issue Date: July 2023
  • Joint Global Coordinators & Structuring Banks: HSBC Bank and Standard Chartered Bank
  • Joint Lead Managers/Joint Bookrunners: Abu Dhabi Islamic Bank, Citi, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, J.P. Morgan, Standard Chartered Bank
  • Issuer/Borrower Legal Adviser: Linklaters
  • Bookrunner/JLMs Legal Advisers: Allen & Overy

Global Corporate Sukuk Deal of the Year

Energy Development Oman

  • USD1bn Sukuk
  • Issue Date: September 2023
  • Bookrunners/JLMs: Abu Dhabi Commercial Bank, Bank ABC, Bank Muscat, Dubai Islamic Bank, First Abu Dhabi Bank, J.P. Morgan, KFH Capital, National Bank of Oman, Mashreq, Standard Chartered Bank
  • Issuer/Borrower Legal Advisers: Linklaters, Dentons
  • Bookrunner/JLMs Legal Advisers: Dechert, MAQ Legal

Global Sovereign Sukuk Deal of the Year

Kingdom of Bahrain, Ministry of Finance and National Economy

  • USD1bn Sukuk
  • Issue Date: March 2024
  • Bookrunners/JLMs: Arab Banking Corporation, Citi, Dubai Islamic Bank, Emirates NBD, First Abu Dhabi Bank, HSBC, J.P. Morgan Securities, Mashreq, National Bank of Bahrain, Mashreq Bank, Standard Chartered Bank
  • Issuer/Borrower Legal Advisers: Dechert
  • Bookrunner/JLMs Legal Advisers: Allen & Overy

Debt (Bonds & Loans) House of the Year

Standard Chartered Bank

Sovereign, Supra, Agency Bond House of the Year

Citi

Corporate Bond House of the Year

Citi

Financial Institution Bond House of the Year

Standard Chartered Bank

Sukuk House of the Year

Emirates NBD Capital

Local Currency Debt House of the Year

HSBC

Loan House of the Year

First Abu Dhabi Bank

Middle East Investment Bank of the Year

First Abu Dhabi Bank

ESG Bond House of the Year

HSBC

ESG Loan House of the Year

First Abu Dhabi Bank

High Yield Debt House of the Year

Emirates NBD Capital

Leveraged Finance House of the Year

First Abu Dhabi Bank

Structured Finance House of the Year

First Abu Dhabi Bank

Project Finance House of the Year

Standard Chartered Bank

International Equity Capital Markets House of the Year

HSBC

Local Equity Capital Markets House of the Year

First Abu Dhabi Bank

Sovereign, Supra & Agency Treasury & Funding Team of the Year

National Debt Management Center, Kingdom of Saudi Arabia

Quasi-Sovereign/GRE Treasury & Funding Team of the Year

The Public Investment Fund

Bank Treasury & Funding Team of the Year

First Abu Dhabi Bank

Corporate Treasury & Funding Team of the Year

Majid Al Futtaim (MAF)

Project Sponsor of the Year

ACWA Power

Debt Capital Markets Legal Adviser of the Year

Allen & Overy

Banking & Finance Legal Adviser of the Year

Allen & Overy

Sukuk Legal Adviser of the Year

Linklaters LLP

Equity Capital Markets Legal Adviser of the Year

Allen & Overy

Best Global Sukuk Fund Strategy (1 Year)

Wafra

Best Global Sukuk Fund Strategy (3 Years)

Azimut

Best MENA Equity Fund Strategy (1 Year)

Arqaam Capital

Best MENA Equity Fund Strategy (3 Years)

Azimut

Best MENA Fixed Income Fund Strategy (1 Year)

FIM Partners

Best MENA Fixed Income Fund Strategy (3 Years)

Franklin Templeton

AWARDS CATEGORIES:

Deal of the Year Awards Awards for Excellence Investor Awards
Sovereign, Supra & Agency Bond Deal of the Year Debt (Bonds & Loans) House of the Year Best Private Credit Fund Strategy
Quasi-Sovereign/GRE Bond Deal of the Year Loan House of the Year Best Global Sukuk Fund Strategy (1 Year)
Corporate Bond Deal of the Year Middle East Investment Bank of the Year Best Global Sukuk Fund Strategy (3 Years)
Financial Institutions Bond Deal of the Year ESG Bond House of the Year Best MENA Equity Fund Strategy (1 Year)
Syndicated Loan Deal of the Year ESG Loan House of the Year Best MENA Equity Fund Strategy (3 Year)
Local Currency Bond Deal of the Year High Yield Debt House of the Year Best MENA Fixed Income Fund Strategy (1 Year)
Local Currency Loan Deal of the Year Leveraged Finance House of the Year Best MENA Fixed Income Fund Strategy (3 Years)
ESG Bond Deal of the Year Structured Finance House of the Year
ESG Loan Deal of the Year Project Finance House of the Year
Project Finance Deal of the Year International Equity Capital Markets House of the Year
Structured Finance Deal of the Year Local Equity Capital Markets House of the Year
Infrastructure Finance Deal of the Year Sovereign, Supra & Agency Treasury & Funding Team of the Year
Power Finance Deal of the Year Quasi-Sovereign/GRE Treasury & Funding Team of the Year
Transport Finance Deal of the Year Bank Treasury & Funding Team of the Year
Natural Resources Finance Deal of the Year Corporate Treasury & Funding Team of the Year
ECA, DFI & IFI Deal of the Year Project Sponsor of the Year
Real Estate Finance Deal of the Year Debt Capital Markets Legal Adviser of the Year
Acquisition Finance Deal of the Year Banking & Finance Legal Adviser of the Year
Equity Capital Markets Deal of the Year Equity Capital Markets Legal Adviser of the Year
M&A Deal of the Year Sukuk Legal Adviser of the Year
Sukuk Deal of the Year Sovereign, Supra, Agency Bond House of the Year
Liability Management Deal of the Year Corporate Bond House of the Year
High Yield Debt Deal of the Year Financial Institutions Bond House of the Year
Leveraged Finance Deal of the Year Local Currency Debt House of the Year
Ground-Breaking Deal of the Year Sukuk House of the Year
Islamic Capital Markets Deal of the year
Global Financial Institution Sukuk Deal of the Year
Global Corporate Sukuk Deal of the Year
Global Sovereign Sukuk Deal of the Year

AVAILABLE TABLES FOR THE CEREMONY:

5TH JUNE | MADINAT JUMEIRAH CONFERENCE CENTRE, DUBAI

VIP Table (for up to 10 people) situated in the first row with champagne served: £12,900
Premium Table (for up to 10 people): £10,900

Tables sell out very quickly and we operate on a first come first served basis.

Contact us today to secure your table at: Awards@GFCMediaGroup.com
or:

ACCOMMODATION:

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If you have any questions please contact: Katie.Evans@gfcmediagroup.com

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