The most important newspapers they talk about us.

Avocom Law Firm LLP assisted United Global Medical LLC, based in Abu Dhabi, in the negotiations for the realization of a project finance and obtaining a loan from the investment company Citic Holding IF Group which operated with a pool of banks including The Hongkong and Shanghai Banking Corporation Limited, a wholly owned subsidiary of HSBC, and Commercial Bank of Dubai which will issue bank guarantees to United Global Medical.

 

Avocom with United Global Medical LLC for project financing of the acquisition of Elite Dental Lab in Dubai


Avocom Law Firm ha assistito United Global Medical, con sede ad Abu Dhabi, nelle trattative per la realizzazione di un project finance e l’ottenimento di un finanziamento dalla società di investimento Citic Holding IF Group che ha operato con un pool di banche tra cui The Hongkong and Shanghai Banking Corporation, consociata interamente controllata da HSBC, e Commercial Bank of Dubai che emetterà le garanzie bancarie a favore di United Global Medical.

La trattativa riguarda l’acquisizione dell’Elite Dental Lab e lo sviluppo di laboratori dentali specializzati e del centro medico di Vilafortuny (Dubai) che offre un’ampia gamma di servizi di chirurgia laser estetica, plastica, medica, aeronautica e ad alta tecnologia per fornire ai pazienti cure odontoiatriche e cosmetiche centrate. Vilafortuny è l’unica clinica Digital Smile Design (DSD) in Medio Oriente e serve numerosi studi negli Emirati Arabi Uniti e a livello internazionale, con un laboratorio digitale a servizio completo e un team Cadcam.

Quattro le fasi del progetto: il completamento della piena ottimizzazione del Laboratorio Medico, Formativo e Odontotecnico Vilafortuny, l’espansione del concept in nuove iniziative negli Emirati, l’apertura di un centro di sviluppo infantile specializzato ad Abu Dhabi per i bambini con bisogni educativi speciali e infine apertura di una nuova clinica medica e acquisizione di una esistente.

Il valore totale della transazione è di circa 25 milioni di dollari.

Il team di Avocom è stato guidato dal managing partner Francesco del Bene (nella foto), coadiuvato dal partner Ian C. Hughes della sede di Londra.

 

Avocom con United Global Medical per il project financing di un’acquisizione a Dubai


Avocom – Studi Professionisti Consociati / Avocom Law Firm Llp, in association with Arkios Legal, with a team led by managing partner Francesco del Bene, assisted by partners Piergiorgio Casati (Milan office) and Ian Hughes (London office), assisted George Kako Group of Companies, based in Ninawa – Bartilla in Iraq, in the negotiations for the realization of a project finance and obtaining a loan from the investment company Citic Holding IF Group which operated with a pool of banks including The Hongkong and Shanghai Banking Corporation Limited, a wholly owned subsidiary of HSBC.

Avocom Law Firm Llp advised Siraj Finance PJSC (SF), a private joint stock company based in Abu Dhabi and regulated by the UAE Central Bank, in the negotiations for the implementation of a project finance and the obtaining of a loan from the investment company CITIC Holding IF Group LLC together with some institutional investors, 100 Million USD worth.

Avocom team includes Francesco del Bene as Lead Partner together with Ian C. Hughes, a legal advisors. Co-advisor has been Coral International Commercial Agency of Abu Dhabi.

The negotiations aim to implement the China Union Pay Credit Cards project, whose scope is a forwarding looking prospect to become one of the first Credit Card Issuer in the region with the Union Pay International (UPI) network.

As an integral Partner to the dynamic payment landscape, SF – part of Trizac Holding LLC (THL), which is an integral entity of the Al-Otaiba Group of Companies – intends to create a niche in the payment industry that has an embedded technology readiness with AI and Card less operations in a secured and economical payment mechanism. With extended service-oriented propositions and loyalty bridged incentive programs, some of the key projections would include the facilitation of UAE’s strategic priorities and roadmap in the Smart Governance and Digitalized platform.

 

https://www.globallegalchronicle.com/avocom-law-firm-for-siraj-finance-pjsc-in-the-project-financing-for-china-union-pay-credit-cards/

London and Milan, May 6, 2021 – Avocom Law Firm Llp advised Siraj Finance PJSC (SF), a private joint stock company based in Abu Dhabi and regulated by the Central Bank of the United Arab Emirates, in the negotiations for the implementation of a project finance and obtaining a loan from the investment company CITIC Holding IF Group LLC together with some institutional investors. The negotiations are intended to implement and finance the China Union Pay Credit Cards project.

 


Page 1 of 31 2 3

Credit / Corporate Rating “A” Assigned by ICRA Rating (A MOODY’S Investors Service Company)
Infrastructure Finance Specialists of the Year 2023 - Construction & Engineering Awards hosted by BUILD
CITIC Holding Registered Office:
1013 Centre Road, Suite 403-A, Wilmington, County of New Castle, 19805, Delaware
Tel.: +1 302- 597-9001
Fax : +1 302- 597-9016
Associated Reference Office: Hong Kong - Beijing - Singapore
E-mail: administrationdepartment@citichifg.com
REA Number: 5783403 DE
EIN assigned: 37-1989661
ISIN Number: US17290BAA61
Company LEI code 9845004EBABCQE260892 USA
Web Site: www.citichifg.us
logo-footer
© 2022 CITIC Holding IF Group LLC

Security Alert


SECURITY ALERT: Please be aware of bogus phone call, fraudulent SMS/IM messages and fraudulent website purportedly from Citic Holding IF Group Llc. Should you suspect any information leakage, please contact our staff at +1 302- 597-9001 or report to the Police immediately. To find out more, please read our Online Security tips herein.

This will close in 8 seconds

This website uses cookies and asks your personal data to enhance your browsing experience. We are committed to protecting your privacy and ensuring your data is handled in compliance with the General Data Protection Regulation (GDPR).