Latham & Watkins, Baker McKenzie, and Meysan have taken centre stage in the Middle East’s financial landscape in recent weeks, handling key advisory roles on sukuk and bond issues in Saudi Arabia, Turkey and Kuwait.
Saudi Arabia
Latham & Watkins advised on Saudi Aramco’s update of its Global Medium Term Note Program and the issuance of $6 billion in notes. The notes, issued in three tranches—$2 billion of 5.250% due 2034, $2 billion of 5.750% due 2054, and $2 billion of 5.875% due 2064—are rated A1 by Moody’s and A+ by Fitch. They are listed on the London Stock Exchange’s Main Market and offered under Rule 144A in the U.S. and Regulation S internationally.
