Since its establishment in 2012,
Khoshaim & Associates has been
recognised as one of the leading law firms in Saudi Arabia. The firm has offices in both Riyadh and Jeddah.
The firm has
similarly strong offerings across several financial and corporate areas.
In the banking space the firm is known for its experience in supporting sponsor-side mandates across project finance, Islamic finance and banking regulatory advisory.
The firm’s capital markets practice is well-rounded, capable of supporting a range of financing structures including IPOs, rights issues, secondary offerings, private placements and sukuk.
Within M&A the firm has capabilities to support complex, high-cap joint ventures, corporate restructurings, public and private M&A transactions.
The firm is also visible on many of the Kingdom’s largest projects. It
provides comprehensive legal support to projects across a myriad of sectors.
Key clients include
SABIC, Dussur,
Saudi Aramco, The Saudi National Bank, Banque Saudi Fransi, Riyad Bank, Arab National Bank, The Saudi British Bank and the Public Investment Fund (PIF), HSBC Saudi Arabia, Rabigh Refining & Petrochemical Company, Saudi Real Estate Company, Riyad Capital, Saudi Aramco, Araba National Ban, NEOM, Al Balad Development Company,
Sanabil, Saudi Arabian Ministry of Health, Vision Invest, the Public Investment Fund,
Research period review:
33rd edition (2023/2024)
During the research period the firm was active in banking, both debt and equity capital markets, M&A, project development and project finance deals.
In banking the firm was active in
Islamic financing, project financing and corporate financing deals
for lenders and facility agents in the banking sector.
The capital markets team was active in debt and equity. On the debt side the team
advised a mix of banks and issuers on large sukuk
programmes and issues. The firm’s equity capital markets engagements included IPO and
secondary share offerings.
In M&A the firm was active on the buy and the sell side, including public and private acquisitions, joint ventures and financial investments representing clients connected with the oil and gas, technology and telecommunications, industrials and manufacturing, and real estate.
In project development the firm worked
on landmark projects engagements, among others, include advising
NEOM on its railway projects and
assisting the Saudi Arabian Ministry of Health on a large radiology services PPP project.
In project finance the firm continued to
maintain a dominant position in the Saudi finance market, advising marquee clients, such as
Al Rajhi Banking and Investment Corporation, Riyad Bank, The Saudi British Bank and
Gulf International Bank on some of the most prominent project development and financing projects.
Deal highlights:
33rd edition (2023/2024)
Maad International SAR 2.4
billion financing
OpenText Corporation/ OpenText UK
$6 billion acquisition of Micro Focus International
Saudi Industrial Investment Group
$811
million acquisition of National Petrochemical Company
Taiba Investment Company SAR 459
million acquisition of Savola Group’s shares in Knowledge Economic City Company and Knowledge Economic City Developers Company
Zain KSA SAR 2.8
billion senior secured term
murabaha facility
Client feedback: 33rd edition (2023/2024)
“Very responsive, balanced document produced.”
“Very responsive, pleasant and smart.”
