Practice Areas - Debt Capital Markets Law Firms and Lawyers
| Deal Date: | 01-07-2015 | Practice Area: | Debt Capital Markets |
| Deal Title: | The National Commercial Bank - Additional Tier 1 Capital Sukuk | Industry: | Banks |
| Description: |
Linklaters advised The National Commercial Bank on its issuance of a SAR1bn additional tier 1 capital sukuk (Islamic bond). The NCB transaction was the first tier 1 capital issuance in the Kingdom of Saudi Arabia to be recognised as Basel 3-compliant additional tier 1 capital, following implementation of Basel 3 capital requirements by The Saudi Arabian Monetary Agency. Jonathan Fried.
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| Financial Center: | Dubai | Value: | 100.01-500.00 |
| Advised Party: | Issuer | Law Firm | Linklaters |
| Issuer Jurisdiction | Saudi Arabia | Listing Jurisdiction | Saudi Arabia |
| Classification: |
Islamic Finance Islamic Finance Bonds and Sukuk Mudaraba:Corporate Bonds Subordinated Debt Additional Tier 1 Capital Contingent Convertible Bonds |
Lawyer | Jonathan Fried |
