Equity Capital Markets
Offering documents, legal review, verification and closing.
Practice circle
Capital Markets & Finance
Sukuk and debt instruments, offerings, banking and Islamic finance, and restructuring.
Equity offerings, sukuk and debt issuance, offering documentation and prospectuses, transaction-related approvals and admission requirements, banking and Islamic finance, and acquisition and project finance. It also covers debt restructuring and procedures under the Bankruptcy Law.
Whom we act for
Issuers, arrangers and borrowers, banks, delegates, and foreign law firms that need the Saudi opinion, and creditors and debtors in a restructuring.
What leaves our desk
Structuring memorandum, issue or facility documents, legal opinion, closing list.
Contractual forms
The local counsel opinion, The enforcement review.
How we work on the file
Structure
Choice of instrument — equity, sukuk or facilities — and its Shariah-compliant structure where required.
Documents
The prospectus, programme documents, or facility and security agreements.
Verification and approvals
Legal review and verification, and the regulator’s and exchange’s approvals.
Closing
Closing opinions, the local legal opinion, and perfection of security.
Services
Debt Capital Markets & Sukuk
Issuance programmes and documentation, and closing opinions.
Banking & Islamic Finance
Facilities and security, corporate and acquisition finance, and refinancing.
Project Finance
Finance documents, conditions to drawdown, and security.
Local Counsel Legal Opinion
A Saudi-law opinion within an international transaction, stating its addressees, reliance, jurisdiction and limits.
Restructuring & Insolvency
Procedures under the Bankruptcy Law — protective settlement, financial reorganisation and liquidation — and negotiations with creditors and debt rescheduling.
Sectors served with this circle
- Financial institutions
- Energy and infrastructure
- Real estate
- Media and entertainment
Dates for this circle
US Federal Reserve rate decision
Washington
The riyal is pegged to the dollar; the Saudi Central Bank usually moves with the Fed, and the cost of financing follows.
US Federal Reserve rate decision and projections
Washington
The last decision of the year, with the Fed’s projections that price the next round of borrowing.
Relevant authorities
- Capital Market Authority
- Saudi Exchange
- Saudi Central Bank
- Bankruptcy Commission
Key contact
Start a matter in this circle
Two lines are enough to begin. We reply within one working day.