A&O Shearman guides on USD2.4 billion Wynn Al Marjan Financing

This deal reflects the evolving regulatory landscape in the UAE and the broader trend of tourism and hospitality investment in the GCC.

Joe Clinton A&O Shearman partner commented: “This landmark financing for Wynn Al Marjan demonstrates increasing appetite among regional and international investors to participate in the expansion of the UAE’s leisure and hospitality sector. The scale and structure of this project underscores the sophistication of the region’s financial markets, as well as the willingness of regional and international lenders to support projects that break new ground.

The deal not only signals a pivotal shift in the UAE’s approach to gaming and entertainment but also highlights the broader trend of private investment flowing into sectors that are being reshaped by regulatory evolution. We are seeing heightened interest from global investors seeking exposure to the GCC’s dynamic tourism and hospitality markets, especially as the GCC looks to diversify its economy.

This project sets a benchmark for future financings in the sector, driving the next phase of growth and innovation across the region’s leisure and entertainment landscape.”

The A&O Shearman deal team was led by partner Joe Clinton, with support from senior associate Thomas Bramah and associate Kasipeh Adu.