Baker Botts Advised On AlJazira Bank’s SAR 1.464 Billion Additional Tier 1 Capital Sukuk Issuance
Baker Botts advised on AlJazira Bank’s SAR 1.464 billion additional tier 1 capital sukuk issuance
Baker Botts, the leading international law firm, advised AlJazira Capital and Al Rajhi Capital Company, as joint lead managers, and HSBC Saudi Arabia, as sukukholders’ agent, in connection with 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, forming part of the bank’s broader capital-raising strategy in the capital markets.
The Baker Botts team was led by Faris Al Amoudi (Partner) and Patrick Lyons (Partner), working alongside Amy Rees (Senior Associate) and Omar Alsughaiyer (Associate).
Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence.
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