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Alastair Drummond

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E-mail:info@lawofficesofsaudalkhulaiti.com
Nationality:British
Language:English

Alastair is based in LOSK’s Al Khobar office.  He has over 20 years of legal experience in the UK, Jersey, Bahrain and Saudi Arabia.  He provides a wide range of corporate and commercial advice but specialises in banking and finance matters.

Alastair graduated from City University Business School with a BSc (Hons) in Business Studies in 1992 and qualified as an English solicitor in 1997 and as a Jersey advocate in 2003.  He moved to Al Khobar from Bahrain.

Some examples of his experience include:

Recent Key Transactions

  • Advising Bahraini investors in relation to a £250m residential development in West London to include Islamic financing arrangements (commodity murabaha), bridging finance, pro forma residential lease, responses to pre-contract enquiries, sale contract, advance payment bonds and NHBC cover
  • Advising in relation to disposal of a Bahraini telecoms business
  • Acting for lenders on the Bahrain law aspects of a USD 500m loan facility to a GCC petrochemical producer
  • Advising in relation to the establishment of a Bahraini financial trust structure
  • Acting for Alchemy Partners on the Jersey aspects of a €90m acquisition of an Irish facilities management group held via a Jersey incorporated, unlimited liability company
  • Advising German investors on £60m acquisition of a Jersey property unit trust (“JPUT”) structure
  • Acting for Clifford Chance in connection with the US$100m refinancing of a Jersey incorporated Chinese cement company
  • Advising minority investor in a Jersey holding company of its rights in relation to the reorganisation of a nursing home structure
  • Acting on corporate aspects of reorganisation of Jersey collective investment fund, certificates in relation to which were listed on the Austrian stock exchange
  • Advising syndicate of lending banks on the refinancing of the Rusal Group
  • Acting for Blackstone in connection with its £480m acquisition of the Chiswick Park Unit Trust
  • Acting for Kandahar Real Estate on its £240m disposal of the Drake Circus Unit Trust
  • Acting for Bayern LB on the £70m refinancing of a JPUT
  • Acting for the lenders funding Cinven’s £950m acquisition of CPA Global