Dubai—Dentons' Banking and Finance team has advised on four award-winning deals in the Bonds, Loans & Sukuk Middle East Awards 2024 which took place on 5 June in Dubai.

These awards recognise the most innovative and ground-breaking deals from sovereign, corporate and financial institution issuers and borrowers. The award-winning work on which the Dentons team has advised are:

• Local Currency Bond Deal of the Year was awarded to First Abu Dhabi Bank's AED1.3 billion Sukuk, Dentons advised First Abu Dhabi Bank on this landmark green issuance. The team was led by partner Alex Roussos (Dubai).
• Liability Management Deal of the Year was awarded to Majid Al Futtaim's US$500 million Sukuk and Fixed Price Tender Offer, Dentons advised the managers on the issuance, the proceeds of which were used to fund projects set out in the Majid Al Futtaim Group's Green Finance Framework. The team was led by partner Alex Roussos (Dubai).
• Global Corporate Sukuk Deal of the Year was awarded to Energy Development Oman's US$1 billion Sukuk. Dentons advised as Oman law counsel on this debut US dollar Sukuk Programme. The team was led by partner Sadaf Buchanan (Muscat).
• Structured Finance Deal of the Year was awarded to Lulu International Holding's AED10 billion syndicated financing, Dentons advised the syndicate of financiers on this dual conventional and Islamic cross-border financing. The team was led by partner Stephen Knight (Abu Dhabi).

Commenting on the awards, Dubai managing partner and co-head of the Middle East banking and finance practice, Alex Roussos said: "We are thrilled to have supported our clients on these key transactions in the bonds, loans and sukuk space and to receive recognition from our industry peers by way of these awards. Congratulations to our clients and our team at Dentons involved in these transactions!"

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