Craig R. Nethercott

• 99 Bishopsgate
• London EC2M 3XF
• United Kingdom

Craig Nethercott is a partner in the Dubai and London offices of Latham & Watkins where he is a member of the Finance Department. Mr. Nethercott is also Co-chair of the global Islamic Finance Practice. He has worked on a variety of project finance and Islamic finance transactions in the Middle East, Africa and Asia in the oil and gas, mining and infrastructure sectors.

Mr. Nethercott was recently named: in The International Who's Who of Project Finance Lawyers 2013 and Islamic Finance Lawyers 2013; as a Leading Lawyer in Islamic Project Finance and Islamic Energy Finance by Islamic Finance News and Chambers Global 2012 ranks him Band 1 for Banking & Finance and Projects & Energy.

He co-edited and contributed to the treatise Islamic Finance: Law and Practice published in March 2012 by the Oxford University Press.

Mr. Nethercott's matters include representation of

• The underwriters with respect to the US$4 billion sovereign Sukuk issued by the State of Qatar, the first sovereign Sukuk in Qatar
• The commercial lenders, K-Exim and K-Sure with respect to the US$1.4 billion export credit facility provided to Saudi Electricity Company to finance the Rabigh 6 power plant and the underwriters with respect to the US$1.75 billion Ijara Sukuk issued by Saudi Electricity Company
• Mobily, the mobile telecoms service provides in the Kingdom of Saudi Arabia, in connection with a groundbreaking US$2.9 billion Islamic financing facility, based on airtime - a market first with a highly innovative Islamic finance instrument
• The lead arrangers in connection with the US$4.6 billion bank financing of the EMAL Aluminium smelter project, the world's largest aluminium smelter*
• Etisalat Misr, the third mobile telecoms licensee in Egypt with respect to the EGP 3,000,000,000 revolving and term facility and US$300 million term facility to finance the acquisition of the license and the US$2.5 billion Islamic Murābahā facility provided to Zain the third licensed operator in the Kingdom of Saudi Arabia*
• The Islamic Development Bank, Bank Al Jazira and Credit Suisse in relation to the US$205 million debt financing, achieved on a Sharī'a compliant basis, of the Hajj Terminal project at the King Abdulaziz International Airport in Jeddah, Saudi Arabia*
• The Qaba Consortium (ADP, Bougyues, and SBG) with respect to its bid for the Madinah Airport expansion in Saudi Arabia*
• The sponsors in the US$6.5 billion financing of the Qatargas II LNG facilities in Qatar and the US$500 million financing of the South Hook regasification terminal in the United Kingdom (including the US$530 million Islamic financing)*
• Saudi Aramco in the financing of the US$9.9 billion Rabigh Refinery and Petrochemical project in Saudi Arabia (including the US$600 million Islamic financing)*
  
  * Deal completed while at a previous firm