Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in co-operation with Clifford Chance has a strong capital markets practice which excels in complex IPOs. The firm recently acted as issuer’s counsel to Americana Restaurants on the first ever concurrent offering and dual listing on the Saudi Stock Exchange and Abu Dhabi Securities Exchange. The firm has a strong client list of investors and underwriters in Saudi Arabia, including the Public Investment Fund, SNB Capital, and Saudi Tadawul Group. Mansoor Alhagbani leads the practice. Alhagbani leads the firm’s most significant IPO matters and is well experienced in ECM, DCM, as well as public M&A transactions. Additionally, Omar Rashid supports the practice with their extensive experience in advising on ECM transactions.

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Key clients

  • Saudi Tadawul Group
  • International Company for Power and Water Projects (ACWA Power)
  • SNB Capital (formerly NCB Capital)
  • The Saudi British Bank
  • HSBC
  • Riyad Capital
  • Public Investment Fund
  • Saudi Investment Bank
  • Americana Restaurants
  • Power and Water Utility Company for Jubail and Yanbu (Marafiq)

Work highlights

  • Advised Al Rajhi Capital Company, in its capacity as the Sole Arranger, Dealer and Lead Manager, in relation to Al Rajhi Bank SAR10bn additional Tier 1 Sukuk issuance programme (public offering).
  • Advised the Saudi Electricity Company on the establishment of a $3bn programme and the issuance of Sukuk thereunder.
  • Advised Americana Restaurants on its initial public offering (IPO) and first ever dual listing on the Abu Dhabi Securities Exchange (ADX) and the Saudi Stock Exchange (Tadawul).

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Mansoor Alhagbani

Other key lawyers

Omar Rashid