(a) Debt Restructurings 

• representing the Creditors Committee on the debt restructuring of Azmeel Contracting Company, which at SAR 7.7 billion (circa. US$2.06 billion) is the most unique debt restructuring to date in Saudi Arabia as it utilizes for the first time a perpetual sukuk structure (with a commodity murabaha facility) in connection with a financial restructuring procedure under the Insolvency Law; 
• representing the Creditors Committee on the proposed settlement of Saad Trading/Maan Al-Sanea, which at SAR 40 billion (circa. US$10 billion) is the largest and the most high profile debt restructuring in the MENA region, and possibly the world; 
• representing the Creditors Committee in relation to the financial restructuring procedure for Ahmad Hamad Al-Gosaibi & Bros. Company and its general partners under the Insolvency Law, which at SAR 32 billion (circa. US$8.3 billion) is the second largest debt restructuring in the MENA region, and possibly the world; 
• representing Jabal Omar Development Company in connection with the restructuring of SAR 10 billion (circa. US$2.67) of its financial indebtedness. This deal represents the largest debt restructuring for a publicly listed entity in Saudi Arabia; and
• representing the Creditors Committee in connection with phase 2 of the restructuring of conventional and Islamic loans of Al-Ittefaq Steel Products Company, a manufacturer of reinforcing bars, which at SAR 7 billion (circa. US$2 billion) is the largest debt restructuring of a corporate entity in Saudi Arabia.

(b) Debt Financings (Conventional and Islamic finance) 

• representing SIG Combibloc Group Holdings on a term loan and revolving credit facilities, concurrent with a EUR1 billion bond offering;
• representing the Kingdom of Saudi Arabia acting through the Ministry of Finance in connection with its inaugural US$258 million ECA backed green loan;
• representing EIG in connection with a US$12.4 billion infrastructure financing for a consortium led by EIG in respect of a lease and lease-back agreement with Saudi Aramco (this is one of the world’s largest energy infrastructure transactions and the largest in the MENA region);
• representing the syndicate of lenders in connection with a US$2 billion financing for Saudi Basic Industries Corporation (SABIC); an
• representing the syndicate of lenders in connection with a US$2.57 billion financing for Saudi Electricity Company (SEC).

(c) Shari’ah-complaint Structured Products

• representing Banque Saudi Fransi and The Saudi Investment Bank in connection with the establishment of their respective derivatives platform; 
• representing Bank of America Merrill Lynch, Deutsche Bank, Goldman Sachs and JPMorgan and others on a number of structured financings, such as margin lending transactions and derivative products in Saudi Arabia; 
• representing Umm Al-Qura Development & Construction Co. in connection with the establishment of a SAR3,250,000,000 (circa. US$870 million) real estate investment fund; 
• representing SNB Capital on the establishment of its REIT; and
• representing Saudi Fransi Capital on the establishment of the Bonyan REIT.

"Amar has a strong commitment to client service and is highly responsive to requests. He has a keen legal mind and is able to process complex and sophisticated issues."

"Amar is a great lawyer, with vast knowledge and expertise. He is very responsive and always available to guide us under any circumstances."

"He is among the most active and pre-eminent lawyers in KSA on cases relating to bankruptcy and restructuring."

Chambers Global, 2023