Sana Siddiqui > Dentons > DUBAI, United Arab Emirates > Lawyer Profile

Sana Siddiqui

+971 4 402 0862 [email protected] View profile

Work Department

English law Debt Capital Markets, Financial Regulation, Islamic Finance

Position

Sana Siddiqui is a senior associate in the Debt Capital Markets and Islamic Finance practices in Dentons’ Dubai office. She has 7 years’ of experience working on a wide range of conventional and Islamic international debt capital markets transactions including advising governments, financial institutions and general corporate clients.

She has extensive experience acting for issuers, dealers and managers on issuances inside and outside the GCC under both Regulation S and Rule 144A formats. She has worked on a wide range of different issuance formats, including standalone issuances, program updates and issuances, regulatory capital issuances, corporate hybrid issuances, ESG issuances, and tender offers and consent solicitations.

Career

• Islamic Development Bank (IsDB): Advising IsDB on the issuance of US$2.5 billion trust certificates under its US$25 billion trust certificate issuance programme, which marked the largest sustainable sukuk issuance globally, the IsDB’s largest issuance to date and also its second sustainable sukuk issuance. Also advised the IsDB in relation to its first sustainable sukuk issuance of US$1.5 billion, which was the first issuance globally in the format of a sukuk aimed at raising proceeds to tackle the effects of the Covid-19 pandemic, and a green sukuk issuance of €1 billion, which was the first green sukuk in the world to be issued by a AAA-rated institution and also the first EUR-denominated green sukuk globally.
• Majid Al Futtaim hybrid issuance: Advising Citi, HSBC and Standard Chartered Bank acting as global co-ordinators and ADCB, Citi, Emirates NBD Capital, FAB, HSBC and Standard Chartered Bank acting as joint lead managers on the successful issuance of US$500 million Reset Subordinated Perpetual Notes by MAF Global Securities Limited, an spv issuer incorporated in the Cayman Islands. The issuance was irrevocably guaranteed, on a joint and several basis, by Majid Al Futtaim Holding LLC and Majid Al Futtaim Properties LLC.
• Warba Bank: Advising Warba Bank on its tender offer in respect of its outstanding US$250 million Tier 1 Capital Certificates and a new debt issuance of US$250 million Tier 1 Capital Certificates. The amount of existing Tier 1 Capital Certificates tendered and redeemed was US$101,947,000.
• Ahli United Bank: Advising Kuwait’s Ahli United Bank K.S.C.P. (AUBK) on the successful issuance of US$600 million Tier 1 capital certificates, which attracted subscription orders exceeding US$1.8 billion.

Languages

English, Urdu

Memberships

Solicitor, Law Society of England and Wales, 2015

Education

BPP Law School, 2013, Legal Practice Course, Accelerated

Aston Business School, 2012, Law, with Management (LLB Hons.)