Linklaters advises on financing for BlackRock’s acquisition of stake in Saudi Bahrain Pipeline Company

Linklaters has advised a group of leading financial institutions on the financing for BlackRock’s acquisition of a minority ownership stake in the Saudi Bahrain Pipeline Company (SBPC) from Bapco Energies, the integrated energy company leading the energy transition in the Kingdom of Bahrain.

Under the terms of the transaction, BlackRock has taken a minority stake in SBPC, while Bapco Energies retained majority ownership and governance over the company.

The Linklaters team is led by Leveraged Finance partners Pathik Gandhi and Angus Graham, and was supported by managing associate Josh White and associates Millie Bidwell and Riddhima Wahi.

Linklaters’ top ranked banking lawyers advise on some of the largest and most complex deals in the market. The global practice draws on its deep expertise across its corporate and structured lending, leveraged finance, restructuring and insolvency, financial structuring, real estate finance, asset finance, high yield, and trade finance teams to structure innovative solutions for clients.