The Law Offices of Mohammed AlAmmar in cooperation with King & Spalding cordially invites you to attend a breakfast workshop focusing on structured Sukuk as an alternative mode of financing for entities in the Kingdom of Saudi Arabia, particularly non-bank financial institutions (NBFIs) (including finance companies).
NBFIs and, in particular, finance companies, play an increasingly important role in Saudi Arabia’s Vision 2030, most notably in relation to the Kingdom’s strategic objective of supporting the growth of small and medium-sized enterprises (SMEs) through the provision of Shariah-compliant finance. As liquidity has become tighter for SMEs among traditional commercial lenders, such NBFIs have increasingly looked to tap the capital markets to support their own growth so that, by extension, they may deploy capital in supporting the growth of retail lending. Against this backdrop, The Law Offices of Mohammed AlAmmar in cooperation with King & Spalding has advised on a number of recent landmark transactions involving NBFIs, including inaugural domestic Sukuk issuances by Morabaha Marina Financing Company, Bidaya Home Finance and Maalem Financing Company. This workshop will examine the structures employed in these transactions, together with other structural features that could be utilized, to achieve the financing objectives of NBFIs as well as those of other entities.
The workshop targets investment banks, NBFIs, corporates and other entities exploring their capital raising options, as well as other market participants, including Capital Market Authority Authorized Persons who wish to examine the ways in which structured Sukuk can be effectively employed in arranging finance for a range of entities.
The event will cover:
- Structuring considerations
- Issuing vehicles for Sukuk issuances
- Offering formats / potential investors
- Credit support for Sukuk issuances
- Securitization-type/asset-backed options
Tuesday, 5 February 2019
9:00 A.M. – 11:00 A.M.
Please contact Nancy Mokarem at email@example.com if you have additional questions.