Mustafa Darwich is an associate in the Dubai office and a member of the finance department, with experience in cross-border syndicated and secured financings. He has advised leading international investment and commercial banks, financial sponsors and large corporates on a variety of conventional and Islamic banking and finance transactions worldwide. Mustafa also has experience in advising CoComs and large corporates / government entities in respect of restructurings in the Middle East. 

Mr. Darwich previously worked as an associate at a magic circle firm based in Dubai. 

Mr. Darwich’s notable recent experience includes advising:

  • The financiers with respect to the refinancing of existing indebtedness of Merex Investment Group LLC, a joint venture between Dubai Holding and Brookfield Asset Management, comprising conventional and Islamic facilities
  • Brookfield Private Capital in connection with the financing of its acquisition of a majority stake in Magnati, a payments business owned by First Abu Dhabi Bank 
  • The mandated lead arrangers in relation to a US$200 million revolving credit facility for FIVE Holdings (BVI) Limited in conjunction with its debut bond offering
  • On the joint venture and build-transfer-operate (BTO) arrangements for the development of three hyperscale data centers
  • On project financing in connection with an integrated upstream and midstream gas and LNG project in the Republic of Mozambique. This transaction was awarded Global Multilateral Deal of the Year at Project Finance International Awards 2020, Middle East Africa Multi-sourced Deal of the Year by Proximo in 2020, and Debt Market Deal of the Year (Premium) at ALB India Law Awards 2021
  • A Saudi Arabian technology company in relation to a secured Islamic facility provided to it by a private credit provider based in the US
  • A UAE based technology company in relation to a secured conventional facility provided to it by a private credit provider based in the US
  • e& in connection with several of its banking transactions 
  • A Saudi Arabian petrochemicals company in connection with several shariah-compliant revolving credit facilities with local banks*
  • A UAE government related security entity in connection with a murabaha facility agreement with a local bank to develop a new facility in Dubai*
  • A UAE government entity in connection with the restructuring of its debts with local and international banks*
  • The ad hoc group, comprising HSBC Bank Middle East, Saudi British Bank and Emirates NBD, in connection with the restructuring of the debts of Drake & Scull International PJSC*
  • A leading UAE bank in connection with a refinancing dual tranche facility agreement with a UAE government entity*
  • An international bank in connection with a murabaha facility agreement with a Malaysian company*
  • A GCC bank in connection with a financing to a pan-Arab tanker company*
  • A Swiss bank in connection with various private jet financings to high net worth individuals*
  • Nordea Bank Abp abd Skandinaviska Enskilda Banken AB in connection with a financing to Scorpio Tankers*

 

 

*Matter handled prior to joining Latham

Bar Qualification

  • England and Wales (Solicitor)

Education

  • LPC, BPP Law School
  • LLB, University of Birmingham