Khoshaim & Associates Advised BSF Capital On The IPO Of Cherry Trading Company On The Saudi Exchange

Khoshaim & Associates advised BSF Capital on the IPO of Cherry Trading Company on the Saudi Exchange

The leading independent Saudi Arabian law firm, Khoshaim & Associates (“K&A”) advised BSF Capital in its capacity as underwriter, financial adviser, bookrunner, and lead manager in connection with the initial public offering (IPO) of Cherry Trading Company on the Main Market of the Saudi Exchange (Tadawul) on January 13, 2026.

Cherry Trading Company is a leading vehicle leasing and mobility solutions provider in Saudi Arabia, with operations spanning car rental services, short- and long-term vehicle leasing, and used vehicle sales. The company serves corporate, government, and individual customers and has built a strong operational footprint across the Kingdom.

The IPO marks a key milestone in Cherry Trading Company’s growth strategy, supporting its expansion plans and enhancing its access to the Saudi capital markets.

The K&A transaction team was led by Zeyad Khoshaim (Managing Partner) and Ghaida Meaigel (Counsel), with support from Mohammad AlMogheerah (Associate).

The transaction further reinforces Khoshaim & Associates’ position as a leading adviser on Saudi capital markets transactions and reflects the firm’s continued recognition as a Tier 1 / Band 1 firm for Capital Markets by leading legal directories, including IFLR1000, Chambers, and Legal 500.

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