14 May 2017

HADEF & PARTNERS WINS TWO MORE TEAM OF THE YEAR AWARDS

Authored by: HADEF & PARTNERS PRESS OFFICE

Hadef & Partners is delighted to have gained recognition for recent deals winning two categories at the Middle East Legal Awards 2017, hosted by LegalWeek and ACC

Hadef & Partners is delighted to have gained recognition for recent deals winning two categories at the Middle East Legal Awards 2017, hosted by LegalWeek and ACC.

  • Corporate Team of the Year 2017 – Advising our client ADNIC on a subordinated mandatory convertible bonds issuance worth AED 390,000,000. This issuance is the first of its kind to be agreed by the UAE Securities and Commodities Authority and listed on Abu Dhabi Securities Exchange, considering the subordination aspect and equity content elements of the bonds.
  • Real Estate Team of the Year 2017 – Advising The Residential REIT (REIT) established in the ADGM and regulated by the Financial Services Regulatory Authority, on its initial real estate acquisition transactions in the UAE. This is the first regulated, Sharia-compliant, residential, real estate investment trust. This matter establishes the UAE as a suitable jurisdiction for the establishment and operation of real estate investment trusts, inviting international financial institutions to follow suit.

The Middle East Legal Awards are generally seen as one of the most important recognition events in the region. The ceremony was held on Thursday 11 May 2017 where in-house counsel, international and regional lawyers gathered to celebrate the region’s legal achievements.