Omar Shafi

Examples of Omar’s work include advising:

• BNP Paribas and the other Managers in connection with the issue by Commonwealth Bank of Australia of €1,500,000,000 2.907 per cent. Covered Bonds due 2030 under its Covered Bond Program.
• Coca-Cola Europacific Partners in connection with the offering of its €600 million 3.250 per cent. Notes due 2032.
• Caterpillar Financial Services Corp. (CFSC) in connection with the issuance of €800 million 3.023 per cent. Notes due 2027 under its Euro Medium-Term Note Program.
• Australia’s Worley Group on the establishment of its US$2 billion EMTN programme, its debut issue of €500 million five-year sustainability-linked bonds, the establishment of its ECP programme for the purposes of accessing the Joint HM Treasury and Bank of England Covid Corporate Financing Facility and its April 2023 issue of A$350 million 5.95% sustainability-linked bonds which was awarded ‘Australian Innovative Deal of the Year 2023’ by KangaNews.
• Bank of Cyprus in connection with:
  • the issuance of its €300 million Fixed to Floating Rate Senior Preferred Green Notes due May 2029, which was awarded ‘Best Financial Institution Bond in SEE’ for 2023 by EMEA Finance; and
  • the issuance of its €220 million Fixed Rate Reset Perpetual Additional Tier 1 Capital Securities, and its concurrent cash tender offer to holders of its outstanding additional tier 1 capital securities.
• HeadFirst Global in relation to the convertible and non-convertible loan notes used as partial consideration for its recommended offer to acquire AIM-listed Impellam Group for approx. £483.2 million.
• On standalone bond issuances, EMTN programs, ECP programs, and bond issuances thereunder for a number of large European, Australian and U.S. corporate and financial institution issuers (including Bank of Cyprus, GSK, McDonald’s, Commonwealth Bank of Australia, American Honda, W.P. Carey, Realty Income, Westpac, and Worley).
• On a number of hybrid capital instruments for large corporate issuers.
• On the world’s first blockchain bond platform established by a major international bank and a digital bond issuance thereunder.
• On a number of standalone regulatory capital (additional tier 1 and tier 2) debt instruments for financial institution issuers, including the first ever Swedish convertible additional tier 1 issuance.
• On covered bond programs and issuances thereunder for a number of Nordic financial institution issuers.
• On standalone bond issuances, EMTN programs, and bond issuances thereunder for a number of alternative investment fund issuers.
• On a number of emerging-market bond issues and tender offers involving sovereign and financial institution issuers.
• A major supranational financial organization in relation to its investment in ‘green’ debt capital markets products.
• A number of large corporate issuers in relation to the Bank of England’s Covid Corporate Financing Facility.
• A number of well-known corporate issuers in relation to convertible bond issues.
• An Irish corporate in relation to its exchangeable bond issue.
• A number of issuers and dealer managers in relation to liability management exercises, including tender offers, consent solicitations, and exchange offers.

*Some of the above matters were handled by Omar prior to joining Sidley.