Catriona J. McDevitt’s practice focuses on project finance, general finance and Islamic finance.
Practice & Background
Ms. McDevitt has advised lenders, borrowers, government-owned entities and development finance institutions in Europe, Africa, the Middle East and Asia on a wide variety of both conventional and Islamic finance transactions, and on project finance transactions in the metals, petrochemicals and infrastructure sectors. Ms. McDevitt trained and qualified with a magic-circle law firm in London and also spent part of her training contract in Amsterdam. She has been based in Abu Dhabi since 2007.
Representative Matters
Ms. McDevitt’s engagements include:
- advising a borrower in respect of its US$35 million facility agreement in relation to property in Russia
- advising a borrower in respect of its US$440 million senior and mezzanine facilities in relation to property in Russia
- advising a distressed asset fund in relation to a convertible murabaha to a Gulf-based entity
- advising the lead managers on a US$140 million 10% substitutable notes issue by a Dutch issuer
- representing the lenders as part of a team that advised major international financial institutions in relation to the financing of DP World Dakar’s port in Senegal, which won Project Finance International’s “Africa Transport Deal of the Year 2010”
- advising the senior lenders in respect of a US$1.1 billion facility in relation to the design, engineering, procurement, construction, implementation and operation of a direct-reduction iron ore plant, a steel melt shop, a heavy section mill and related infrastructure
- advising a government-owned entity with respect to the restructuring and refinancing of a joint venture company
- advising a government-owned entity on US$600 million and US$3.6 billion facility agreements
- advising a government owned entity on a US$3 billion facility provided by an export credit agency
- advising the facility agent and a syndicate of lenders on a secured petrochemical project financing.