Latham Advises RIZE on US$50 Million Asset-Backed Facility
Latham & Watkins has advised RIZE, a proptech company that enables customers to split their rent into flexible monthly payments in KSA, on a US$50 million asset-backed facility. The facility provided will be used to scale RIZE’s rental contract portfolio in KSA.
The facility was led by Jadwa Investment, a leading investment management and advisory firm in KSA and the wider region.
The Latham team was led by London partner Tom Cochran, with Dubai associate Mustafa Darwich and associate Amelia Griggs, with assistance from Hue Pham. Support was also provided by Dubai partner Eyad Latif.