LONDON – Bracewell (UK) LLP was among the law firms recognized for their role in Shoreline Natural Resources’ $500 million financing facility, which won Cross Border Deal of the Year and Nigeria Deal of the Year at the Islamic Finance News (IFN) Deals of the Year 2025.
Led by London managing partner Jason Fox, Bracewell advised Shoreline Natural Resources, a leading indigenous E&P company in Nigeria, on the $500 million commodity murabaha facility arranged by Qatar Islamic Bank Q.P.S.C., which serves to refinance its existing facilities as well as fund the working capital requirements of the group. The facility – a hybrid of reserve-based lending and Islamic financing – is a first of its kind in Nigeria.
This transaction has also been named a finalist for the IFN Overall Deal of the Year 2025 award. The winner will be announced at the IFN Award ceremonies in April.
IFN is a weekly digital publication providing insight into the global Islamic financial markets through in-house analysis and expert contributions. Its deals of the year program spotlights innovative and influential transactions in the global Islamic finance industry.
