EXPERIENCE

Najla’s experience* includes representing:

Capital Markets

• The underwriters on Savola Group’s SAR6 billion rights issue and offering on Tadawul
• The joint bookrunners on Saudi Arabian Oil Company (Saudi Aramco)’s SAR42.1 billion secondary public offering 
• Rasan Information Technology Company on its SAR831.3 million IPO on Tadawul 
• Miahona on its SAR555.1 million IPO on Tadawul 
• The underwriters on Modern Mills Company’s SAR1.178 billion IPO on Tadawul
• The underwriters on MBC Group’s SAR831.2 million IPO on Tadawul
• The National Agricultural Development Company (NADEC) on its SAR2 billion rights issue and offering on Tadawul
• The underwriter on Lumi Rental Company’s SAR1.089 billion IPO on Tadawul
• The underwriter on First Milling Company’s SAR999 million IPO on Tadawul
• The underwriters on Saudi Aramco Base Oil Company (Luberef)’s SAR4.95 billion IPO on Tadawul
• Alsaif Gallery on its SAR1.2 billion IPO on Tadawul
• The Public Investment Fund (PIF) on the SAR2.3 billion accelerated bookbuild offering of a portion of its shares in Saudi Tadawul Group
• Alamar Foods Company on its SAR1.22 billion IPO on Tadawul
• Elm on its SAR3.072 billion IPO on Tadawul
• Al-Dawaa Medical Services Company on its SAR1.861 billion IPO on Tadawul
• East Pipes Integrated Company on its SAR 504 million IPO on Tadawul
• Jahez International Co. for Information Systems Technology on its SAR1.6 billion IPO on Tadawul’s Parallel Market, Nomu
• solutions by stc on its SAR3.624 billion IPO and listing on Tadawul, which GFC Media Group named its Equity Capital Markets Deal of the Year in 2022
• The underwriter on Retal Urban Development Company’s SAR1.44 billion IPO on Tadawul
• The underwriter on Saudi Home Loans’ SAR600 million IPO on Tadawul
• The underwriters on Nayifat Finance Company’s SAR1.19 billion IPO on Tadawul
• Emaar, The Economic City (EEC), on its SAR2.8 billion capital increase by way of debt conversion and issuing new shares to PIF
• The managers on the SAR750 million accelerated bookbuild offering of shares in the Saudi British Bank (SABB)
• The underwriters on Saudi Aramco’s SAR96 billion IPO on Tadawul — the world largest IPO to date
• The underwriters on Saudi Aramco’s establishment of a global medium term note program and debut issuance of US$12 billion notes thereunder
• The joint lead managers on the Saudi Electricity Company’s inaugural US$1.3 billion green sukuk
• The joint lead managers on the Arab National Bank’s US$750 million tier II sukuk
• Maharah Human Resources Company on its SAR776 million IPO on Tadawul
• The underwriter on Ataa Educational Company’s SAR348 million IPO on Tadawul
• Middle East Healthcare Company on its SAR1.8 billion IPO on Tadawul
• Al-Yamamah Steel Industries Company on its SAR556 million IPO on Tadawul
• Alandalus Real Estate Company on its SAR380 million IPO on Tadawul
• Saudi Arabian Mining Company (Ma’aden) on its SAR5.6 billion rights issue

M&A and Corporate 

• HSBC, as financial advisor to Qassim Cement Company, on Qassim’s merger with Hail Cement Company
• HSBC, as financial advisor to Dur Hospitality Company, on Dur’s  merger with Taiba Investments Company
• PIF on selling its 10.92% stake in the National Gas and Industrialization Co. (GASCO) to Jadwa on behalf of its managed investment funds and client portfolios
• Saudi Basic Industries Corporation (SABIC) on selling 100% of its shares in the newly formed SABIC Agri-Nutrients Investment Company (SANIC) to the Saudi Arabian Fertilizer Company (SAFCO) in exchange for newly issued shares in SAFCO
• HSBC, as financial advisor to the Saudi International Petrochemical Company (SIPCHEM), on SIPCHEM’s merger with Sahara Petrochemicals Company
• Dubai Holding on acquiring a minority stake in Azadea Group
• Takween Advanced Industries on its SAR910 million acquisition of Savola Packaging
• The Capital Market Authority on drafting the Mergers & Acquisitions Regulations
• Several publicly listed companies and shareholders on attempted sales and acquisitions of listed shares
• Several international and local investors on incorporation of companies and corporate restructurings in Saudi Arabia
• International and local clients on various corporate, commercial and employment matters relating to Saudi Arabian law

*Firm experience prior to April 2023 includes work completed both at Latham and the Law Firm of Salman M. Al-Sudairi