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Conyers acted as Bermuda counsel to the lenders in connection with a US$863 million loan to Dolphin Energy, the Abu Dhabi government-controlled venture that produces and transports natural gas to the United Arab Emirates and Oman. The loan financing is for a 15 year term.
Conyers acted as Bermuda counsel in connection with Dolphin Energy’s US$3 billion financing through a combination of loans and a bond in 2009 and its refinancing through a further bond issue in 2011 worth US$1.3 billion.
Jason Piney and Chiara Nannini acted on the matter.