Baker Botts advises on AlJazira Bank’s sukuk issuance
Baker Botts advised AlJazira Capital and Al Rajhi Capital Company, as joint lead managers, and HSBC Saudi Arabia, as sukukholders’ agent, on the issuance by AlJazira Bank of SAR 1.464 billion additional tier 1 capital sukuk.
The sukuk was issued under AlJazira Bank’s SAR 5 billion Additional tier 1 capital sukuk programme.
Partners Faris Al Amoudi and Patrick Lyons led the Baker Botts team advising on the transaction , working alongside senior associate Amy Rees in London and associate Omar Alsughaiyer in Riyadh.
