Khalid W. Alyafi

Equity Capital Markets

• Represented Taiba Investments Company on its acquisition of Dur Hospitality, the largest M&A transaction of two Tadawul listed companies in the Real Estate sector in KSA.
• Advised on the Regulation S Initial Public Offering of Arabian Mills for Food Products Company (Arabian Mills) on the Main Market of the Saudi Exchange.
• Represented Saudi Fransi Capital and EFG Hermes KSA in their capacity as underwriters for the initial public offering (IPO) of 30% of Miahona's share capital on the Main Market of the Saudi Exchange.
• Represented Naspers and Prosus on the demerger and IPO of Prosus on Euronext Amsterdam and the JSE. At the time of the IPO, Prosus was the largest tech company in Europe, with a valuation of EUR 120.5 billion.
• Represented Euronext on its share capital increase and EUR 1.8 billion Rights Offering in connection with its acquisition of Borsa Italiana from the LSE.
• Represented VolkerWessels in its EUR 575 million Initial Public Offering and listing on Euronext Amsterdam.
• Represented SIG on its GBP 105 million firm placing and placing and open offer by way of an accelerated bookbuild.
• Represented McCarthy & Stone in its GBP 336 million Initial Public Offering and Premium Listing on the London Stock Exchange.
• Represented Circassia Pharmaceuticals in its acquisition of Aerocrine AB and Prosonix Limited, both funded through a GBP 275 million placing and open offer.

Debt Capital Markets

• Represented the Kingdom of Saudi Arabia in multiple programme updates and international offerings of Notes under its GMTN programme in an aggregate amount of over USD 45 billion and Sukuk under its international Trust Certificates Issuance programme in an aggregate amount of over USD 4 billion.
• Represented the underwriters in connections with the Public Investment Fund’s (PIF) on its first-ever bond issuance raising USD 3 billion.
• Represented the underwriters in connection with the establishment of the Saudi Telecom Company’s (STC) USD 5 billion international Sukuk Programme and debut international Sukuk offering of USD 1.25 billion.
• Represented the Emirate of Abu Dhabi in the update of its GMTN Programme and subsequent offerings of Notes in an aggregate amount of USD 10 billion.