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Joe Riches

Senior Associate

Joe has extensive experience in a wide range of finance transactions covering both conventional and Islamic finance, with a focus on real estate finance, corporate finance, acquisition financing and sovereign debt.
He advises lenders (both senior and mezzanine) and borrowers and has a particular expertise in multi-jurisdictional finance transactions.

Experience

Representative matters

  • The syndicate of lenders on an AED17bn conventional and Islamic financing to Nakheel PJSC which was secured against a portfolio of properties located in Dubai.
  • A group of regional lenders on USD1.5bn syndicated dual tranche (Islamic and Conventional) financing to Aluminium Bahrain. Subsequently also advised on its refinancing. This was one of the first sustainability-linked financings in the region. 
  • The lenders in connection with a USD350m conventional financing of Tabby, the buy-now-pay-later firm. 
  • Dubai Taxis Corporation in connection with an AED1.2bn Islamic murabaha facilities agreement for the purposes of its listing. 
  • The lenders in connection with a USD585m receivables financing arrangement to a sponsor based in Kuwait.

Pro bono

  • Advised families of their right to a disability living allowance in the United Kingdom on behalf of the National Deaf Childrens' Society.
  • Assists Maternity Action with advising individuals with respect to their maternity rights during employment.

Leadership Positions And Professional Affiliations

  • Member, Solicitors' Regulatory Authority
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.