Claire Matheson Kirton
Biography
“Superb at supporting her clients through complex issues.”
“She is a super-commercial lawyer who is just a joy to work with.”
Overview
Claire Matheson Kirton is a Partner in White & Case LLP's Global Debt Finance Practice, based in the Firm's London and Dubai offices. She has considerable experience advising on a variety of conventional and Islamic finance transactions with a particular focus on transactions within the jurisdictions of the Middle East and Africa.
Claire maintains expertise on a wide variety of debt finance products as well as restructuring in the UAE and KSA. Claire has been involved in the full gambit of products within the emerging markets sphere for more than 18 years. In that time, she has worked on some of the most innovative Islamic finance deals closed to date.
Experience
Representative examples of Claire's experience include:
Representation of Avilease in a combined, conventional and Islamic $1.3 billion unsecured financing.
Representation of Emirates Central Cooling Systems Corporation in relation to its AED5.5billion dual tranche conventional and Islamic pre-IPO financing.
Representation of Dubai Electricity and Water Authority (DEWA) in relation to a AED 10 billion term Murabaha facilities agreement.
Representation of JP Morgan Chase Bank (in all capacities) in connection with a dual tranche term facilities agreement entered into between Axian Telecom, a pan-African telecoms company as borrower, JP Morgan Chase Bank, N.A., London Branch as arranger and original lender, and J.P. Morgan SE as Agent. The facilities were supported by a guarantee provided by Exportkreditnämnden, the Swedish Export Credit Agency, and guarantees provided by certain subsidiaries of the borrower.
Representation of the lenders in connection with a term credit facility entered into between Axian Telecom, a pan-African telecoms company as borrower, The Standard Bank of South Africa Limited (acting through its Corporate and Investment Banking Division) as mandated lead arranger and agent, and various financial institutions as original lenders. The facilities were supported by guarantees provided by certain subsidiaries of the borrower.
Representation of the Lenders to AXIAN Telecom, a leading pan-African provider of telecommunications, mobile money services and digital infrastructure in relation to its US$42million revolving credit facility which sits alongside its US$420 million Senior Notes, due in 2027.
Representation of Frontera Capital Group Limited on multiple loan financing transactions and related CLN totalling more than US$127 million to fund an infrastructure projects in The Democratic Republic of the Congo.
Representation of Pure Data Centres Group Limited in connection with the financing of a DC site in Abu Dhabi.
Representation of Bahrain Mumtalakat Holding Co. B.S.C., the sovereign wealth fund of the government of the Kingdom of Bahrain, as Borrower, in connection with a US$50,000,000 structured secured facility with Bank of America, N.A. for bridge financing of investments and making redemption payments to equity investors.
Representation of Blackrock in relation to its first Sharia Compliant NAV facility provided by Standard Chartered Bank.
Representation of Al Borj International for Operation and Maintenance Company, a leading facilities management company in the Kingdom of Saudi Arabia, in connection with their SAR 6.011 billion (US$1.6 billion) debt restructuring.
Representation of the borrower in connection with its AED 17 billion (US$4.6 billion) secured Islamic and conventional facilities for the purpose of refinancing and providing new money funding for the development of significant real estate assets in the UAE.
Representation of Khalifa Fund for Enterprise Development in relation to a program of bilateral sovereign loans extended to support the establishment of in-country, on-lending platforms for micro, small and medium entrepreneurial projects incorporating various ESG principles in countries across Africa.
Representation of IHS Towers (IHS Netherlands Holdco B.V.) on its US$500 million and US$800 million dual-tranche bond issue and on its US$500 million (equivalent) US dollar and Nigerian Naira pari passu senior credit facilities agreement, which will together provide IHS Towers with an aggregate US$1.8 billion (equivalent) together with subsequent amendments.
Representation of The Government of Kenya through the National Treasury in connection with the US$250 million refinancing of a loan from the Eastern and Southern African Trade Development Bank.
Representation of The Government of Ghana in relation to a US$500million syndicated financing arranged and lead by Standard Chartered Bank and Standard Bank.
Interviewed on Debtwire's podcast, "Debtwired! The Middle East's investment push into Africa with White & Case", May 2024
Author of "The rise of Private Credit in the United Arab Emirates", March 2024
Author of "The end is here – LIBOR cessation looms for international finance markets", June 2023
Author of "Restructuring reforms energize the Middle East", June 2023
Author of "The Increasing importance of Private Credit within the UAE and the Establishment of ADGM Private Credit Funds Rules", May 2023
Author of "Middle East and Africa corridor: The perfect partnership for funding Africa's growth", December 2022
Panellist for White & Case's 8th Islamic Finance seminar, June 2022
Panellist for White & Case's "How Islamic finance can accommodate ESG as an additional element", October 2021
Leading Partner - Banking and Finance: Corporate Finance (including Islamic Lending): UAE
Legal 500, 2024-2025
Banking & Finance Lawyer of the Year
Legal 500 Middle East and North Africa Awards, 2024
Women Leader and Highly Regarded Practitioner
IFLR1000, 2004 - 2022
Leading Individual - Banking and Finance: Corporate Finance (including Islamic Lending): UAE
Legal 500, 2022-2023
EMEA Banking & Finance Lawyer of the Year
Women in Business Law Awards, 2022