With an educational background in Islamic finance, Victoria Mesquita Wlazlo counsels lenders and borrowers in the Middle East on complex, cross-border financing transactions, including syndicated facilities, leveraged acquisitions, asset-based finance, mezzanine financing, and deals based on both conventional and Shari’a-compliant project finance. She advises a range of clients, including those in the global banking, construction, telecommunications, transportation, consumer credit, media, and energy industries. Victoria represents clients on the bank side as well as the borrower/originator side.
Victoria holds an M.B.A., specializing in Islamic finance. She is fluent in French, Italian, and Spanish.
Represented Dubai mall operator in an AED 1.6 billion Shari’a –compliant project financing of an expansion of a mall located in Dubai secured by, amongst others, real estate mortgages over the project land.
Represented Blue Water Energy LLP in a GBP 7.5 million acquisition financing made available by the Royal Bank of Scotland Ltd for the acquisition of Optilan Group Limited, a company engaged in servicing oil sector companies.
Represented Blue Water Energy LLP in the €26 million acquisition financing and €11.3 million accordion facility made available by NIBC, a Dutch bank, in relation to the acquisition by Global Petro Storage Group, an independent storage and logistics provider of hydrocarbon and chemical terminals, of Hydrocarbon Hotel B.V, a hydrocarbon product blending and storage terminal in the port of Amsterdam. The facility was secured by Dutch law share pledge, mortgage over immovable and an omnibus pledge over all of the assets of the target.
Represented Dubai World Central Corporation in an AED 231 million project sukuk for the financing of staff accommodation secured by, amongst others, real estate mortgages over the project land.
Represented Noor Bank PJSC and a syndicate of financial institutions on an unsecured US$150 million commodity murabaha financing made available to Ajman Bank PJSC. The deal is of significance as the market for inter-bank Islamic liquidity management grows at a time of tightening liquidity.
Represented Noor Bank PJSC and a syndicate of financial institutions on an unsecured US$75 million commodity murabaha financing made available to Ajman Bank PJSC.
Represented Meydan Group LLC, a United Arab Emirates government-related entity, in the AED 1 billion ($272.3 million) Sharia-compliant hybrid Ijara facility and Ijara sukuk made available by a club of banks led by Abu Dhabi Islamic Bank and secured by, amongst others, real estate mortgages over the project land.
Represented Dar Al-Tawreeq in connection with the creation of a Shari’a-compliant platform for factoring and reverse factoring of receivables. The platform is the first of its kind to accommodate a Shari’a-compliant supply chain financing which will be targeted primarily to SMEs in the UAE and MENA region.
Represented Mashreqbank PSC, as global facility agent, and a syndicate of banks in connection with amendments to the AED2 billion senior secured conventional and Islamic facility and the addition of a new AED1 billion conventional and Islamic facility made available to GEMS MENASA (CAYMAN) LIMITED. The facilities will be used for purposes of capital expenditure and general corporate purposes. Other syndicate of banks included Abu Dhabi Islamic Bank PJSC, Dubai Islamic Bank PJSC, Noor Bank PJSC, United Arab Bank PJSC, and First Gulf Bank PJSC.
Represented Dubai Islamic Bank (DIB) in connection with a AED240 million Musharaka financing made available to Park Water Limited. The agreement is the first of its kind for Park Water Limited as well as DIB’s debut partnership with a private company in the water and wastewater industry. The financing was secured by assignments of insurances, receivables and account pledges.
Represented Al-Bayan Group, the Saudi conglomerate, as issuer, in connection with the MYR1 billion Sukuk issued out of Malaysia.
Represented Mashreqbank psc, as agent for the participants, in connection with the US$550 million Islamic and conventional finance for GEMS Education.
Represented the mandated lead arrangers in the first sovereign Sukuk of the Republic of Senegal.
Represented Mashreqbank psc, as lead arranger, in connection with the AED793 million Shari’a-compliant refinancing for Emicool.
Represented Al-Bayan Group, the Saudi conglomerate, in connection with the US$70 million syndicated Shari’a-compliant facility arranged by ABC Capital.
Represented HSBC, NBAD, RBS, ADCB and BNP Paribas as dealers in the update of Tourism Development and Investment Company PJSC US$3 billion GMTN programme (144A issuance).
Represented Standard Chartered Bank in connection with a US$150 million commodity Murabaha facility backed by receivables to Construction Project Company Holding, a Saudi entity.
Represented Gulmar Offshore Middle East LLC, as borrower, in connection with the US$250 million revolving credit facility by Natixis for the financing of two diving support vessels.
Represented Barwa Bank in connection with the US$125 million Shari’a-compliant financing of 10 vessels for NICO Middle East.
Represented Dubai Islamic Bank and a syndicate of banks in connection with the restructuring of a US$150 million secured facility to Engro Fertilizers.
Represented Qatar Islamic Bank in connection with the issuance of a series of Shari’a-compliant capital protected notes.
Represented Standard Chartered Bank in connection with a US$20 million terms loan secured by credit card receivables made available to Mafa Consultancy Services Inc.
Represented Al-Bayan Group, the Saudi conglomerate, in connection with the US$20 million syndicated Shari’a-compliant facility made available by Al Hilal Bank.
Represented Etisalat in connection with its US$1.5 billion investment in Emerging Markets Telecommunication Services, its Nigerian subsidiary.
Assisted in the representation of Citibank, as lead arranger, in connection with a US$800 million multicurrency multitranche syndicated facility to the United Arab Emirates Road and Transport Authority.
Assisted in the representation of Millennium Private Equity in connection with the US$10 million Sukuk Al-Musharaka financing of International Innovative Technologies, the first in the United Kingdom.
Assisted in the representation of Gatehouse Bank in connection with a structurally subordinated US$40 million Islamic facility through a commodity Murabaha for the construction of student accommodation at Oxford in the United Kingdom.
Assisted in the representation of Standard Chartered Bank in connection with a US$30 million bond and guarantee facility for a Ugandan service provider.
Assisted in the representation of HSBC, as lead arranger, in connection with a US$215 million project financing for the expansion of a crude oil pipeline and related storage facilities in the Republic of Panama.
Assisted in the representation of Liberty Media Corporation, as administrative agent for the lenders, in connection with a first and second lien credit facility in connection with the launch of a new satellite by the borrower, WildBlue Communications.
City University, London, 2011, M.B.A.
New York University School of Law, 2007, LL.M.
Universitat de Barcelona, Spain, 2004, B.A. (Law)
Awards and Affiliations
Ranked, Banking and Finance: Islamic Finance, United Arab Emirates, Chambers Global (2018)
Winner, Banking & Finance Team of the Year in The Oath Middle East Legal Awards 2015