Eversheds Sutherland Advised Joint Lead Managers On $500 Million Senior Unsecured Note Issuance By Ooredoo

Eversheds Sutherland Advised Joint Lead Managers on $500 Million Senior Unsecured Note Issuance by Ooredoo

Eversheds Sutherland served as legal counsel to the joint lead managers on the recent $500 million Reg S/144A senior unsecured note issuance by Qatar-based telecoms company Ooredoo. This issuance forms part of Ooredoo's $5 billion Global Medium Term Note Programme, which is listed on the Dublin Stock Exchange.

The transaction highlights Eversheds Sutherland's strength in international debt capital markets, underscoring the firm’s expertise in acting as lead counsel for banks on complex Reg S/144A bond offerings. The cross-border nature of the deal involved teams from Eversheds Sutherland offices in Amman, Atlanta, Doha, Dubai, and London, emphasizing the firm’s ability to navigate multi-jurisdictional legal frameworks.

The transaction was led by Partner Mohsin Abbasi from the Dubai office, supported by Jonathan Malim, Partner and Head of Debt Capital Markets in London; Darryl Smith, Partner in Atlanta; and Dani Kabbani, Managing Partner in Doha.

Reflecting on the successful transaction, Mohsin Abbasi remarked, “Congratulations to the Ooredoo team and the joint lead managers on a stellar transaction that was 3.6 times oversubscribed. This high investor demand underscores the region's appetite for quality credit, and we are honored to have been entrusted with such a significant transaction.”

Jonathan Malim added, “This transaction has been an excellent opportunity to showcase our capabilities in advising on complex, multi-jurisdictional debt capital markets transactions.Mohsin Abbasi’s leadership since joining us in Dubai has further strengthened our expertise in this sector.”