Dewey & LeBoeuf Represents Financial Advisor on the Rights Issue of Sahara Petrochemicals Company

Dewey & LeBoeuf has represented the financial advisor and underwriter, Saudi Fransi Capital, in a rights issue by Sahara Petrochemicals Company, a Saudi Stock Exchange-listed issuer. The issuance of 225,370,851 shares of the company raised SAR 1,462,650,000 (US $390,040,000).

Saudi Fransi Capital is the Saudi affiliate of Credit Agricole Corporate & Investment Bank of France. Saudi Fransi Capital is a licensed capital market intermediary in Saudi Arabia providing full securities brokerage and dealer services and financial advisory services.

The Dewey & LeBoeuf team included Partners Khalid Al-Thebity and Associates Stefan Guttensohn and Judeh Bahnan. Claire Bechara and Vanessa Huang assisted with the due diligence of the transaction.

www.deweyleboeuf.com


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