In recent years, Milbank's finance group has placed a special focus on financing work that complies with Islamic finance principles.
March 02, 2023 at 05:48 AM
3 minute read
Correspondent, Dubai
Milbank is advising the consortium behind the issuance of bonds and Islamic sukuk to be used to refinance a 49% stake in Saudi Arabia’s Aramco Gas Pipelines Company.
Earlier this month, a report said that investors, led by BlackRock and Saudi-backed Hassana Investment Co, paid $15.5 billion for the stake in 2021, in a lease-and-leaseback agreement.
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