poses for a portrait on Thursday, October 23, 2014 in Moscow, Russia.

White & Case: Al Rajhi Bank issues SAR 6.5 bn additional Tier 1 capital sukuk

Al Rajhi Banking and Investment Corporation has successfully completed the issuance of SAR 6,500,000,000 3.5% fixed rate resettable additional tier 1 capital sukuk.

Al Rajhi Capital Company acted as sole lead manager and bookrunner on the transaction.

The issuance is the largest in size by a financial institution in the Kingdom and attracted high demand with more than 600 investors in the order book. The issuance attracted a diversified pool of investors, including qualified individual investors, which constituted 38 percent of the total order book.

The White & Case team that advised on the transaction was led by partner Debashis Dey (Dubai & London, pictured) and included partner Megren M. Al-Shaalan (Riyadh), counsel Xuan Jin (Hong Kong & Dubai), local partner Greg Pospodinis (Dubai) and associates Marcin Zawadzki, Eren Ayanlar, Ghislaino Kamdo (all Dubai), Waad Alkurini and Nezar Al Abbas (Riyadh).

White & Case: Al Rajhi Bank issues SAR 6.5 bn additional Tier 1 capital sukuk



Launched in 2022 by LC Publishing Group S.p.A., it is the first digital portal addressed to the Middle East North Africa market.

In terms of contents, the website focuses on both law firms and in-house legal departments, covering the latest news and rumors on deals and operations (and the related advisors) as well as on lateral hires, moves and new appointmens and providing insights, analytical data and opinions on the professions’ main trends and topics (AI, innovation, etc.).

For further information, please visit the Group’s website www.lcpublishinggroup.com

Legalcommunity MENA
LC Publishing Group S.p.A. – Via Tolstoi 10 – 20146 Milano – Tel. 0236727659 – C.F./P.IVA 07619210961
REA 1971432 Registro delle Imprese di Milano – Cap. Soc. Euro 50.000,00 i.v.

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram