Capital Markets
Global Guide 2024 : Saudi Arabia
Band 1
Email address
[email protected]Contact number
+966 11 265 8900About
Provided by Baker McKenzie
Please visit bakermckenzie.com to learn more about our practice.
Chambers Review
This is a distinguished group with strong on-the-ground capabilities in the Kingdom. The firm is well placed to advise on rights issues and IPOs, regularly acting for domestic, regional and global investment banks in their capacity as underwriters. It is equally capable of assisting issuer clients, with experience representing major food and beverage, healthcare and financial services companies. The team has extensive experience in debt capital markets, with regular roles on high-value sukuk, and this is complemented by a solid track record in equity work.
Work Highlights
- The team represented SNB Capital - in its various roles as arranger, bookrunner and agent - on a SAR3.3 billion, Tier 1 sukuk issuance by Saudi National Bank.
Strengths
Provided by Chambers
"They are fantastic. They know the market and they know what we might need to be concerned about on a deal."
"They are fantastic. They know the market and they know what we might need to be concerned about on a deal."
Notable Practitioners
Karim Nassar has a deep knowledge of the Saudi market, and is held in particular regard for his experience handling capital markets transactions in the jurisdiction. He is adept at representing major international and regional clients in IPOs, rights issuances and private placements, with further experience in capital restructuring.
"He's experienced, extremely professional and very supportive to our business."
Delwar Hossain is based in the Bahrain office of Baker McKenzie, from where he frequently advises on Saudi-related finance and debt capital markets deals. He is noted for his in-house experience with a major financial institution, as well as his extensive knowledge of Shari'a.
"He has solid expertise in Islamic finance and banking products, and provides great responsiveness."
Robert Eastwood is a notable presence in the market who is well equipped to handle IPOs and M&A transactions. His client list features several major financial institutions, including multinational investment banks.
"He is a hands-on and experienced lawyer who is also a good negotiator."