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Ogier’s Cayman office advised Goldman Sachs
Ogier’s Cayman office advised Goldman Sachs as arranger and lead manager on the issue of its first ever sukuk. The sukuk is based on a wakala structure with the underlying assets linked to commodities and raised $500m. Ogier’s role was to form and organise the issuer, review and comment on the transaction documents from a Cayman perspective and to advise on the complex Cayman regulatory issues, including AML and FATCA, as well as issuing customary listing opinions.
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