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Clyde & Co and StormHarbour act as advisors for SHUAA-led consortium to buy out debt of Stanford Marine Group
Global law firm Clyde & Co and StormHarbour Securities LLP, a global investment banking boutique, announced that they acted as sole legal advisors and financial advisors respectively for a debt buyout of Stanford Marine Group’s AED 1.13 billion (USD 308 million) facility by SHUAA Capital, resulting in a successful outcome for all parties involved, including the participating banks.
SMG is one of the most prominent and diversifed offshore services companies in the Middle East, with a focus on chartering, building and repairing offshore support vessels for the oil and gas industry. SMG owns and operates a fleet of more than 35 Offshore Supply Vessels (PSVs, Anchor Handlers & Crew Boats).
UAE Business: Clyde & Co, StormHarbour advise Shuaa-led consortium gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.
December 28, 2020
HONG KONG, Dec. 28, 2020 /PRNewswire/ AECOM, the world s premier infrastructure consulting firm, facilitated the commissioning of the Tuen Mun - Chek Lap Kok Link (TM-CLKL) in Hong Kong on December 27, 2020. This represents the culmination of work conducted by AECOM on the project, since the commencement in 2011 of its consultancy to provide engineering design services. We are proud to have brought the breadth of our skills to bear on this complex project, including our world leading expertise in tunnel design, bridge engineering, land reclamation and others, much of which is resident in our Hong Kong practice, said Ian Chung, AECOM s regional chief executive for Asia.