Middle East Mobile Operator turnaround

Brought in to 'steady the ship' and avoid imminent de-listing from local stock market . Successfully restructured debt, improved operational performance and hired new management team, setting the foundation after 24 months for long-term sustainable profitability.
5th CEO in 2 years
2 billion USD revenue business losing over 500 million USD per year
Achieved a new five-year extension to a Sharia compliant Murabaha 2.4 billion USD facility with a significant reduction in margin and easing of terms
Capital restructuring - complex transaction involving reduction of the company's capital and the region’s largest capital restructuring and Rights Issue of 1.6 billion USD
Achieving a seven-year deferred payment schedule with the Ministry of Finance (worth 1.5 billion USD)

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