Firm / Organisation

Khoshaim & Associates

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Managing Partners: Zeyad S. Khoshaim
Number of partners:  4
Number of lawyers: 35+
Languages: Arabic, English, French, Russian, Spanish

Firm Overview:
K&A is a full-service Saudi Arabian law firm with local depth and international reach. K&A delivers first class, efficient and integrated legal services. K&A’s principal goals are to provide the highest quality of legal services to its corporate clients to become an instrumental part in their success, and to elevate the practice of law in Saudi Arabia by recruiting, retaining and advancing the brightest legal talent. K&A includes a team of veteran Saudi Arabian and internationally qualified lawyers who assist on a wide range of practice areas, including dispute resolution, arbitration and litigation, expert opinions, equity and debt capital markets, including IPOs, rights issues and sukuk, corporate and M&A, in addition to private and public mergers and acquisitions, joint ventures, foreign direct investment, anti-trust, and complex corporate restructurings, tax, financings and projects, Islamic finance transactions, PPP, and bankruptcy.

Main Areas of Practice:
Corporate & Regulatory
2 Partners; 11 fee earners based in Saudi Arabia 
■ K&A advised on the largest M&A transaction in KSA history. K&A advised the Saudi Arabian Basic Industries Corporation (SABIC) in relation to the acquisition by the Saudi Arabian Oil Company (Saudi Aramco) of 70% of its shares from the Public Investment Fund (PIF), a landmark transaction worth USD 69.1 billion  K&A advised Saudi International Petrochemical Company (SIPCHEM), a major listed petrochemical company, on its business merger with Sahara Petrochemical Company (SAHARA), the Kingdom’s first transaction of this kind. 
■ K&A advised Saudi Arabian Oil Company (Saudi Aramco), as a purchaser, on its acquisition of Ta’shelat Marketing Company (the entity owning and operating the chain of Sahel and Sahel Mart fuel and service stations) and Sahel Transportation Company (a fuel transportation company) 
■ K&A advised AMC Theaters on the establishment of a joint venture with PIF company, SEVEN, to become the first cinema chain in Saudi Arabia.
Key Clients: Saudi Arabian Oil Company (Saudi Aramco), Saudi International Petrochemical Company (SIPCHEM), Saudi Arabian Basic Industries Corporation (SABIC), Saudi Aramco Total Refining and Petrochemicals Company, Tatweer Buildings Company, American Multi-Cinema, Inc. (AMC Theatres), ACWA Power,
Contact: Zeyad Khoshaim
Tel: +966 11 461 8700
Email: [email protected]

Projects & Finance
2 Partner, 10 fee earners based in Saudi Arabia 
■ Advised on the financing for Mobile Telecommunication Company Saudi Arabia (Zain KSA). 
■ Advised on the Ijara lease financing for the Saudi National Company of Aviation (SNCA), in relation to 8 (Diamond Aircraft) aircraft. Financing is in relation to one of the first batch of aircraft that SNCA is acquiring, as it grows its fleet. 
■ Advised the King Fahd Causeway Authority in its selection and contracting of a consortium to assist the King Fahd Causeway Authority in connection with the construction and development of second causeway connecting the Kingdom of Saudi Arabia and the Kingdom of Bahrain. 
■ Advised Tatweer Construction Company in connection with the first public private partnership in the Kingdom of Saudi Arabia. This project relates to the construction and operation by a private sector investor of 60 schools in Mecca and Jeddah. 
■ Advised on financing for Saudi Kayan Petrochemical Company.
Key Clients: Banque Saud Fransi, Riyad Bank, Al Rajhi Bank, The Saudi British Bank, Saudi Aramco, Saudi Electricity Company, Saline Water Conversion Corporation, Arab National Bank, Samba Financial Group, Tamweel AlOula.
Contact: Zeyad Khoshaim
Tel: +966 11 461 8700
Email: [email protected]

Capital Markets
2 Partners, 8 fee earners based in Saudi Arabia 
■ Advised NatWest Markets N.V., the Royal Bank of Scotland Group plc, NLFI, and Banco Santander, S.A. in connection with the merger between SABB and Alawwal. 
■ Advised Saudi Aramco in connection with its landmark IPO on all matters involving compliance and CMA regulatory issues. We advised on matters involving applicability of listing and offering rules, prospectus liability, conflict of interest, related party transactions, and disclosure. 
■  Advised Sipchem, a major listed petrochemical company, on its business merger with Sahara, the Kingdom’s first transaction of this kind. The transaction was structured as a total share swap. 
■ Advised HSBC Saudi Arabia as manager and Sukukholders’ Agent in relation to the issuance of SAR 1,000,000,000 SUKUK DUE 2026 by Savola Group company under its SAR 5,300,000,000 SUKUK Issuance Programme 
■ Advised SAMBA Financial Group on their first establishment of its USD 5,000,000,000 Euro Medium Term Note Programme, and its offers of USD 1,000,000,000 2.75 Per cent. notes due 2024 and USD 500,000,000 2.900 Per Cent. 
■ Advised HSBC as the dealer in relation to the establishment of the U.S $5,000,000,000 Trust Certificate Issuance Programme and then HSBC, JP Morgan Securities, Standard Chartered, Samba Capital & Investment Management, First Abu Dhabi Bank and KFH Capital Investment on the first offer thereunder of USD1,250,000,000 Sukuk Due 2029. 
■ Advised the Kingdom of Saudi Arabia represented by the Ministry of Finance in relation to its offer U.S.$1,250,000,000 2.500 Per Cent. Notes Due 2027, U.S.$1,000,000,000 2.750 Per Cent. Notes Due 2032, And U.S.$2,750,000,000 3.750 Per Cent. Notes Due 2055 under its Global Medium-Term Note Programme. 
■ Advised the Riyad Bank in relation to the establishment of its U.S.$3,000,000,000 Trust Certificate Issuance Programme and the first offer thereunder of USD 1,500,000,000 fixed rate reset tier 2 certificates due 2030 thereunder. 
■ Advised the Kingdom of Saudi Arabia represented by the Ministry of Finance in relation to its offer of U.S.$2,500,000,000 2.969 Per Cent. Trust Certificates Due 2029 under The Trust Certificate Issuance Programme.
Key Clients: NatWEest Markets NV (formerly RBS), Saudi Aramco, SIPCHEM, SABIC, HSBC Saudi Arabia, Natwest Markets, Ministry of Finance, HSBC Saudi Arabia, SAMBA Financial Group, Riyad Bank.
Contact: Zeyad Khoshaim
Tel: +966 11 461 8700
Email: [email protected]

Dispute Resolution
2 Partners, 6 fee earners based in Saudi Arabia 
■ K&A successfully defended a client before the Administrative Supreme Court against a case brought by a Saudi listed company, Saudi Arabia Refineries Co. (SARCO), in relation to the liquidation of a closed joint stock company. 
■ K&A successfully prosecuted and enforced a foreign arbitration award in the enforcement courts of Saudi Arabia against Abdullah Bugshan and Brothers Company and its partners. 
■ K&A successfully acted for the General Organization for Social Insurance (GOSI) at the Committee for the Resolution of Securities Disputes respect of a securities dispute involving general assemblies in a listed company Mouwasat Medical Services Co
Key Clients: Saudi Aramco Total Refining and Petrochemical Co. (SATORP), Renault Truck S.A.S, Total Marketing Services S.A., Volvo Truck Corporation, Aramco Lubricants and Retail Company, Zahid Tractor and Heavy Machinery Co. Ltd, Standard Chartered Bank, Etihad Etisalat Company Saudi Arabia (Mobily), Sumitomo Corporation, The General Organization for Social Insurance (GOSI)
Contact: Zeyad Khoshaim
Tel: +966 11 461 8700
Email: [email protected]