SNB Capital has successfully closed 100 Investment Banking transactions since the firm’s inception in 2021, with a combined value of more than SAR 750 billion (USD 200 billion) averaging closing 2 to 3 transactions every month and contributing to strategic direction of transforming the Saudi Capital Markets, attracting global capital and foreign direct investments into the Kingdom
Among these 100 transactions are some of the most significant deals in the region and internationally, such as the SAR 42.1 billion (USD 11.23 billion) Fully Marketed offering for Saudi Aramco, the largest secondary offering of its kind in EMEA and the Middle East and the SAR 3.86 billion (USD 1.03 billion) Accelerated Book Building transaction in Saudi Telecom Company, the largest overnight deal of its kind in Saudi Arabia and the wider MENA region completed as part of the Capital Recycling Program of the Public Investment Fund.
“This achievement reflects the trust that our clients, both within Saudi Arabia and internationally, placed in SNB Capital’s comprehensive investment banking solutions, from IPOs and capital recycling to debt, corporate finance advisory, and mergers & acquisitions. The milestone not only highlights our proven expertise but also reinforces our commitment to fostering investment diversity, demonstrating SNB Capital’s tangible impact on supporting and shaping the development of the financial ecosystem”
remarked Zaid Ghoul, Managing Director and Head of Investment Banking at SNB Capital.
