Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP > Riyadh, Saudi Arabia > Firm Profile

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP
7TH FLOOR, TOWER 1, AL-TATWEER TOWERS
KING FAHAD HIGHWAY, PO BOX 17411
RIYADH 11484
Saudi Arabia

Saudi Arabia > Banking and finance Tier 1

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP has strengthened its bench with the hire of Ahmed El Gaili from The Law Office of Looaye M. Al-Akkas in Association with Vinson & Elkins LLP who brings expertise in project financings, particularly multilateral financings. The group remains a market leader and handles the full scope of banking work for leading clients including BNP Paribas and Arab Bank, on lending, shariah-compliant financings and high-profile restructurings. Salman Al-Sudairi leads the group with counsel Amar N Meher, and handle equity and debt capital markets work.

Practice head(s):

Salman Al-Sudairi; Amar Meher

Other key lawyers:

Ahmed El Gaili

Testimonials

‘The Law Office of Salman M. Al-Sudairi provides exceptional support to its clients. the firm is staffed with experts from all areas, and the team is always updated with new laws and regulations.’

‘Amar Maher is always eager to provide any needed legal support. He always pays extra efforts to fulfill client’s demands.’

‘Detailed on-the-ground knowledge combined with practical knowledge of how to implement the law. Wide relationships with banks / Courts and corporates.’

‘Straight answers to complex questions, none of the normal reticence to express a view and a refreshingly straightforward approach. Amar Meher is a key member of the team.’

Key clients

BNP Paribas

Mashreqbank

HSBC Bank Plc

The Saudi British Bank

Davidson Kempner European Partners, LLP

Arab National Bank

Banque Saudi Fransi

The Saudi British Bank

Samba Financial Group (now known as Saudi National Bank)

Riyad Bank

The National Commercial Bank (now known as Saudi National Bank)

EIG Global Energy Partners

Ministry of Finance, Kingdom of Saudi Arabia

European Bank for Reconstruction and Development

OPEC Fund for International Development (the OPEC Fund)

African Development Bank (AfDB)

Arab Bank

ArcelorMittal Tubular Products Jubail Company

Public Investment Fund

Kingdom Holding Company

Tadawul Real Estate Company

Jabal Omar Development Company

Carillion Construction Limited

Al-Rajhi Bank

Abdullatif Alissa Group Holding Company

Work highlights

  • Advising the Creditors Committee on the proposed settlement of Saad Trading/Al-Sanea.
  • Advised EIG Global Energy Partners on one of the largest infrastructure financings in the MENA region, an acquisition project finance of a 49% equity stake in Aramco Oil Pipelines Company, a joint venture formed with Saudi Arabian Oil Co. (Aramco) to hold a 25-year lease over Aramco’s stabilized crude oil pipeline network.
  • Advised on the first ever green ECA financing for the Kingdom of Saudi Arabia, Hermes-covered financing in connection with the King Abdulaziz Transportation project.

Saudi Arabia > Capital markets Tier 1

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP has a strong track record acting in both equity and debt capital markets transactions, and is noted for its work with the Saudi Arabian government. The group, led by Salman Al-Sudairi , remains active in sukuk, advising local and global Islamic finance clients on shariah-compliant transactions. The practice is backed by a bench of experienced associates including Najla Al-Gadi and Mashal Al-Assaf who also handle a broad range of corporate finance work and restructurings.

Practice head(s):

Salman Al-Sudairi

Other key lawyers:

Key clients

Arabian Internet and Communications Services Company Ltd (Solutions by STC)

Emaar The Economic City

Saudi Basic Industries Corporation (SABIC)

Citigroup

Goldman Sachs

First Abu Dhabi Bank

HSBC

J.P. Morgan

MUFG

Standard Chartered Bank

BNP Paribas

Mizhuo Securities

SMBC Nikko

BofA Securities

Crédit Agricole CIB

ING

Morgan Stanley

NCB Capital

Work highlights

  • Advising Solutions by STC, a leading IT company in the Kingdom, in the offering of its shares and listing on Saudi Stock Exchange.
  • Advised SABIC on the sale of its agri-nutrients businesses to SABIC Agri-Nutrients Co. (previously SAFCO) in consideration for newly issued SABIC Agri-Nutrients Co shares.
  • Advised the arrangers and dealers (J.P. Morgan, Morgan Stanley, Citigroup, Goldman Sachs International, HSBC, and NCB Capital) in relation to Saudi Arabian Oil Company’s (Saudi Aramco) update of its Global Medium Term Note Programme, and the managers in relation to the issuance of $8bn notes thereunder.

Saudi Arabia > Commercial, corporate and M&A Tier 1

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP’ corporate team is now led by Ahmed El Gaili who joined from The Law Office of Looaye M. Al-Akkas in Association with Vinson & Elkins LLP in July 2021. The team has a proven track record handling high-end transactional mandates and specialises in venture capital and corporate regulatory work acting for Saudi government entities and ministries. Senior associate Noor Al-Fawzan advises regional and international blue-chip clients on a range of corporate matters, with notable strength representing governments clients on privatisations. The team faced one departure with Omar M Elsayed  leaving to join Qiddiya as General Counsel.

Practice head(s):

Ahmed el-Gaili

Other key lawyers:

Key clients

Government of the Kingdom of Saudi Arabia

Saudi Basic Industries Corporation (SABIC)

Emaar The Economic City

EIG Global Energy Partners

SIG Combibloc Holdings SARL

Ayyan Investment Company

Applus Servicios Tecnológicos, S.L.U.

Saudi Research and Media Group

ArcelorMittal Tubular Products Jubail Company

Work highlights

  • Advising the Grains Privatization Committee on the first phase of the flour milling sector privatization through the successful award of the First Milling Company and the Third Milling Company to qualified strategic private investors.
  • Advising Emaar The Economic City (EEC) on the increase of its share capital by way of conversion of existing debt in favour of the Public Investment Fund.
  • Advising on the sale of SABIC’s agri-nutrients businesses to SAFCO in consideration for newly issued SAFCO shares, which was one of the largest public M&A transactions in the region in 2020.

Saudi Arabia > Projects and energy Tier 2

Law Office of Salman M. Al-Sudairi in association with Latham & Watkins LLP has experience advising sponsors and lenders on large-scale projects work and is led by Salman Al-Sudairi.

Saudi Arabia > Real estate and construction Tier 3