Matthew Rodwell

Matthew’s experience includes advising:

Finance**

• ArcelorMittal Tubular Products Jubail Company, ArcelorMittal’s Saudi Arabian joint venture with the Public Investment Fund (PIF), on its acquisition of Jubail Energy Services Company (JESCO) from TAQA Industrialization and Energy Services Company
• The syndicate of lenders in connection with a US$2.57 billion financing for Saudi Electricity Company (SEC)
• The mandated lead arrangers in relation to the US$5.4 billion financing of EQT/ADIA’s acquisition of Nestle’s skincare division (now Galderma)*
• Abu Dhabi Commercial Bank in relation to the US$200 million development financing of a waterfront development in Abu Dhabi*
• The mandated lead arrangers in relation to a €800 million holdco facility for the acquisition of a controlling interest in listed German wholesaler Metro AG*
• Goldman Sachs PIA as sponsor in relation to the US$2.2 billion acquisition financing of B&B Hotels Group*
• A club of international bank in relation to a US$670 million borrowing base facility to Oman Trading international*
• Project sponsor in relation to the Shariah-complaint financing of a chemical processing facility in Saudi Arabia*
• Hg Capital Partners as sponsor in relation to the dividend recapitalization of a portfolio company*
• A leading UAE property developer in relation to the restructuring of AED1.475 billion of existing real estate development finance facilities for the development of property on the Palm Jumeirah, Dubai*
• A US-headquartered investment bank in relation to a commodity murabaha liquidity facility provided by a UAE financial institution*

Financial Services Regulatory, Fintech, Payments**

• Abu Dhabi Global Markets (ADGM), an Abu Dhabi-based regulator, on a new Foundations Regulatory Regime to facilitate the issuance of blockchain tokens
• An S&P 100 online marketplace operator on an ongoing basis in relation to various Saudi Arabian and UAE law matters, including compliance with SAMA and the UAE Central Bank’s financial regulatory regimes
• A well-known technology company in relation to launch of its payments business in Saudi Arabia and partnering with licensed financial institution
• Various global payment companies and card-schemes on the application of payment regulations to their business in the UAE and providing support and guidance on the process for obtaining a payments license
• A Chinese-headquartered e-wallet provider in relation to its operations in the UAE
• Industrial and Commercial Bank of China in relation to its licensing by the Central Bank of Kuwait and launch of operations in the State
• A Central Bank in relation to implementation of the Basel III Accord*
• A Chinese-headquartered payment services provider in relation to launch of operations in the GCC*
• Link Marketing on regulatory matters in relation to the £888 million acquisition of Capital Asset Services from Capital plc*
• Kuwait Finance House on the reorganization of its investment banking and asset management divisions and related corporate and financial regulatory matters*
• Industrial and Commercial Bank of China in relation to its licensing by the Central Bank of Kuwait and launch of operations in the State
• One of the largest banks in the UAE on development of a first-of-its kind payment card incentive scheme
• A payment services provider subsidiary of a major international bank in relation to launch of operations in the GCC*

* Matter handled prior to joining the firm 

** Firm experience prior to April 2023 includes work completed both at Latham and the Law Firm of Salman M. Al-Sudairi.