Chambers Review
Provided by Chambers
Capital Markets - Saudi Arabia
What the Team is Known For
Latham & Watkins LLC offers a market-leading team in Riyadh, with a distinguished capital markets practice. It covers the full gamut of capital markets transactions, including IPOs and debt/equity swaps, as well as having deep experience acting for government and quasi-sovereign entities. The team has a wealth of knowledge in sukuk, including cross-border mandates.
Strengths
"It is always my preference to work with them. The partner himself is heavily involved and gets his hands dirty, in negotiations and in drafting prospectuses. I like the commitment from their side."
"Team members are highly skilled, master the prevailing regulation and have access to the regulators."
Work Highlights
Latham's Saudi team acted for the underwriters (SNB Capital, HSBC Saudi Arabia, Morgan Stanley Saudi Arabia and Citigroup Saudi Arabia) on the IPO of Luberef, which was valued at SAR4.95 billion.
Notable practitioners
Salman Al-Sudairi is the Riyadh managing partner of Latham & Watkins, commanding deep respect for his longstanding expertise in the field of capital markets. He is known for his broad-ranging practice and strong relationships with many major clients. He has experience advising on all aspects of sukuk transactions and IPOs.
"His work as a capital markets lawyer is where he really stands out."
Nomaan Raja advises an impressive list of clients, including government entities and financial institutions, on a variety of debt and equity capital markets issuances, and he is frequently mandated on Saudi-related transactions. He is Latham's Dubai managing partner.
