Practice Areas - Equity Capital Markets Law Firms and Lawyers
| Deal Date: | 21-11-2022 | Practice Area: | Equity Capital Markets |
| Deal Title: | Arabian Drilling Company Saudi Stock Exchange IPO | Industry: | Oil Equipment, Services & Distribution |
| Description: |
On November 7, S&C client Arabian Drilling Company completed its initial public offering on the Saudi Stock Exchange. The total size of the offering was 2.67 billion Saudi riyals ($712 million), implying a market capitalization of 8.9 billion Saudi riyals ($2.4 billion). S&C advised Arabian Drilling Company.
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| Financial Center: | London | Value: | 500.01-1000.00 |
| Advised Party: | Issuer | Law Firm | Sullivan & Cromwell |
| Issuer Jurisdiction- | Saudi Arabia | Listing Jurisdiction- | Saudi Arabia |
| Classification: |
Initial Public Offerings Saudi Stock Exchange |
Lawyer | Vanessa K Blackmore |
