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Press review — 15 January 2025

Il Sole 24 Ore’s NT+ Diritto reports on the development of Saudi Arabia’s transport and logistics infrastructure within Vision 2030 and the financing activity involving CITIC Holding IF Group LLC, with legal assistance from Avocom.

The coverage places the initiative within the Kingdom’s wider effort to modernise transport networks, improve connectivity and strengthen its position in international logistics.

The original report is available through the link below.

Press coverage

Press review — 3 December 2024

Global Legal Chronicle covers the photovoltaic project in Leh, India, involving Prozeal Green Energy and the Solar Energy Corporation of India (SECI), and the reported financing associated with CITIC Holding IF Group LLC.

The publication reports an overall financing figure of USD 1.9 billion and identifies Avocom as global counsel. The article is linked below as part of CITIC’s press review.

Press coverage

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.

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