Tumise Jegede

About Tumise Jegede

Tumise Jegede is a senior associate in our MENA Global Transactions team (Finance and RCS). His practice encompasses advising corporate borrowers and lenders on multi-jurisdictional finance transactions, with an emphasis on leveraged finance, private credit, debt restructurings, emerging markets finance and real estate finance. Tumise has a particular interest in emerging markets and is a member of the firm's Africa group.

Tumise speaks English, conversational French and Yoruba.

Recent work

• Advising Arcapita on various leveraged and real estate financings, including the financing of its acquisition of the DataFlow Group. 
• Advising a regional credit fund on a multicurrency unitranche facililty for a leading European operator of veterinary practices. 
• Advising Panther Media Group (OSN) on the financing aspects of its acquisition of a majority stake in Anghami Inc., the Middle East’s rival to Spotify. 
• Advising the lenders on a multicurrency financing package for the acquisition of a majority stake in Magnati by Brookfield Business Partners.
• Advising WorldRemit, a global digital payment transfers group, on several cross-border acquisition debt financing arrangements to support its acquisition of US based, SendWave International Remittance.
• Advising a regional sovereign wealth fund on a series of widely syndicated financings amounting to c.US$5bn.
• Advising Abu Dhabi National Oil Company (ADNOC) on a landmark USD3bn green financing agreement with the Japan Bank for International Cooperation. 
• Advising a regional GRE on its debut US$2.5bn green loan financing. 
• Advising Dubai Holding on the finance aspects of the AED7.5bn (+US$2bn) sale of its interests in Dubai Creek Harbour to Emaar Properties.
• Advising Dubai’s exclusive public parking operator, Parkin, on its debut AED1.2bn pre-IPO financing.
• Advising Dubai roads toll operator, Salik, on its debut AED4.2bn pre-IPO financing. 
• Advising Gulf Pharmaceutical Industries / Julphar on the restructuring, refinancing and upsizing of multiple bilateral credit lines through the establishment of new long-term conventional and Islamic facilities on commercial terms consistent across all financiers.
• Advising General Atlantic on the financing aspects of its $200 million Series D investment in Greenlight Planet, a distributor of solar-powered home energy systems for off-grid consumers in Africa and Asia.
• Advising National Energy Services Reunited Corp., a NASDAQ listed provider of oilfield services in the MENA region, on its ESG-linked $860m multicurrency term and revolving credit facilities.
• Advising Metito Holdings Limited, a prominent provider of sustainable water and wastewater treatment solutions in over 18 countries across Africa, the Middle East and South-East Asia, on a sustainability-linked $120m multicurrency financing.
• Advising Hayfin Capital on its landmark financing of a luxury residential development (Imperial Avenue in Downtown Dubai) using a highly novel and creative approach, involving multiple creditors and requiring the collaboration of the real estate regulator.
• Advising LafargeHolcim on the restructuring of project financing and equity arrangements of its joint venture asset in the UAE, Lafarge Emirates Cement, with a large syndicate of international and regional banks.
• Advising Abu Dhabi Polymers Co. Ltd (Borouge), a joint venture between ADNOC and Borealis, on its debut $500m revolving credit facility.
• Advising Ruya Partners on a mezzanine financing for Starzplay, a fast-growing video-on-demand streaming service in the Middle East.  
• Advising Ruya Partners on a secured credit facility made available to Energia KSA, a major provider of power and engineering solutions in the MENA region.
• Advising NBK Capital on various private credit financings, including a growth financing facility for Moove, an African mobility fintech company and Uber's exclusive vehicle supply partner in Sub-Saharan Africa.
• Advising Al Hilal Bank on a three-way merger with ADCB and Union National Bank creating the third largest bank in the UAE.
• Advising GFH Financial Group on the financing elements of its acquisition of a stake in AMA International University and the provision of financing for the purchase of a stake in the university by another shareholder.
• Advising Cerberus and Olive Rock on their acquisition of a stake in UEMedical, the operator of 21 hospitals and healthcare facilities across the GCC, from a distressed owner. 
• Advising a prominent international financial investor on the provision of an emergency liquidity facility to PwC as liquidators of ABRAAJ Holdings against a complex background and court proceedings in the Cayman Islands. The facility was afforded priority protection through the Cayman Islands court process.
• Advising multiple SWFs and GREs in the GCC and their lenders on a variety of debt financing transactions (often widely syndicated) amounting to tens of billions of dollars in each of 2020 and 2021.
• Advising PIF on its acquisition of a significant minority stake in RSGT. RSGT is the largest port operator in Saudi Arabia and recently signed a new 30-year Build-Operate-Transfer agreement with the Saudi Arabian Ports Authority to redevelop the northern section of Jeddah Islamic Port.
• Advising Fidera on a confidential special situations mandate.