Ian Siddell

Partner
Baker & McKenzie Limited
Not admitted to practice law in this jurisdiction

Biography

Ian Siddell, a member of the Firm’s Global Projects and Banking and Finance groups, mainly practices in the area of project and Islamic finance. A partner in Baker McKenzie’s Gulf offices, Mr. Siddell has been a resident in Riyadh since 1996 and Bahrain since 2001. He graduated with first class honors from the University of Kent in England, and is admitted to practice law in England.

Practice Focus

Mr. Siddell advises clients on legal matters related to loans and credit facilities, trade finance, as well as asset and aircraft finance. He also has extensive experience acting on multi-sourced and ECA-supported financings.

Representative Legal Matters

  • Advising Saudi Arabian Mining Company and Saudi Basic Industries Corporation in the multi-tranche project financing of a phosphate mine and beneficiation plant at Al Jalamid, Kingdom of Saudi Arabia and a fertilizer production complex at Ras Az Zawr, Kingdom of Saudi Arabia, including advising on all structuring aspects, financing aspects and inter-creditor and security issues.
  • Advising the financing banks in a secured USD2.875 billion Islamic financing for Etihad Etisalat Company (Mobily), the second Saudi Arabian telecommunications company, comprising term, working capital and financial support facilities and related intercreditor arrangements.
  • Advising The Saudi British Bank and Banque Saudi Fransi as Mandated Lead Arrangers in respect of a SAR400 million Ijara based financing to be provided to Al Qasr Mall Company for the construction of a shopping mall in Riyadh.
  • Advising Banque Saudi Fransi as the agent bank and the other financing banks in relation to the SAR1.59 billion multi-option facilities made available to Arabian Bemco Contracting Company to assist in financing its performance of contracts for the construction of Saudi Electricity Company's Qurayyah power plant.
  • Advising the prospective financing banks in relation to the financing arrangements for the development, construction and operation of an integrated petrochemical plant in Jubail to be financed along Shariah compliant lines.
  • Advising the five syndicates of financing banks in relation to the provision of the USD1.55 billion financing to Aluminium Bahrain B.S.C. (c) for its Line 5 expansion project comprising a USD250 million ijara wa-iqtina based Islamic facility, a USD500 million conventional term loan facility, a USD300 million metals based facility, a USD200 million bond issue and two ECA supported facilities involving ERG and COFACE

Admissions

  • England & Wales~United Kingdom (1986)

Education

  • Oxford University (Lincoln College) (Bachelor of Civil Law) (1984)
  • University of Kent at Canterbury (B.A.) (1982)

Languages

  • English

Previous Offices

  • Riyadh