Baker & McKenzie act for Saudi Binladin Group on SAR 1,000,000,000 sukuk
18 Sep 2012 04:26 GMT
 

The Baker & McKenzie team was led by Partner Bilal Kahlon, who commented:

"Having assisted the Saudi Binladin Group on all of their previou (more)

The Baker & McKenzie team was led by Partner Bilal Kahlon, who commented:

"Having assisted the Saudi Binladin Group on all of their previous sukuk transactions since 2008, we are very pleased, once again, to have assisted the Saudi Binladin Group on this important transaction. The strong response the offering received from the Saudi market is a testament to the strength of the Saudi Binladin Group ."

Bilal Kahlon was supported by Partner Dr. Nasser Al Faraj and Associates Mohamed Hassan and Nezar Al Abbas.

HSBC Saudi Arabia was appointed as sole Lead Manager in relation to the transaction and was represented by Clifford Chance. Walkers acted as legal adviser to SBG Sukuk Limited in relation to the laws of the British Virgin Islands.

-Ends-

About Baker & McKenzieFounded in 1949, Baker & McKenzie advises many of the world's most dynamic and successful business organizations through more than 4,000 locally qualified lawyers and over 5,800 professional staff in 71 offices in 44 countries. Baker & McKenzie is known for having a deep understanding of the language and culture of business, an uncompromising commitment to excellence, and world-class fluency in its client service.

Baker & McKenzie's global revenues for the fiscal year ended June 30, 2012, were US$2.313 billion. Eduardo Leite is Chairman of the Firm's Executive Committee. (www.bakermckenzie.com)

Baker & McKenzie Limited - Bahrain is a member of Baker & McKenzie International, a Swiss Verein with member law firms around the world. In accordance with the common terminology used in professional service organizations, reference to a "partner" means a person who is a partner, or equivalent, in such a law firm. Similarly, reference to an "office" means an office of any such law firm.

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Baker & McKenzie International is a Swiss Verein with member law firms around the world. In accordance with the common terminology used in professional service organizations, reference to a "partner" means a person who is a partner, or equivalent, in such a law firm. Similarly, reference to an "office" means an office of any such law firm.

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(Member Firm) is a member of Baker & McKenzie International, a Swiss Verein with member law firms around the world. In accordance with the common terminology used in professional service organizations, reference to a "partner" means a person who is a partner, or equivalent, in such a law firm. Similarly, reference to an "office" means an office of any such law firm.

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