Nomaan A. Raja

Mr. Raja’s recent experience includes representing:

Equity Capital Markets

• The underwriters in connection with the initial public offering of Investcorp Capital plc
• The underwriters in TECOM Group’s AED1.7 billion initial public offering 
• The underwriters in Saudi Arabian Oil Company (Saudi Aramco)’s US$29.4 billion initial public offering (the world’s largest ever initial public offering) 
• The bookrunners in the SAR3.2 billion secondary public offering of shares in Saudi Telecom Company by the Public Investment Fund
• Arabian Internet and Communications Services Company (solutions by stc) in its SAR3.6 billion initial public offering 
• The managers in the SAR750 million advanced bookbuild sale of shares in The Saudi British Bank (SABB)
• The Government of Pakistan in relation to the US$1 billion offering and sale of its shareholding in Habib Bank Limited, Pakistan’s largest bank, through a global offering of shares
• Abu Dhabi Islamic Bank on its US$137 million rights issuance (the first tradeable rights issuance by a bank in the UAE)

Debt Capital Markets

• The joint bookrunners in relation to the debut offering of US$350 million senior secured guaranteed green notes due 2028 by FIVE Holdings (BVI) Limited (FIVE) 
• The dealers in the establishment of a global medium term note programme by the Federal Government of the United Arab Emirates, acting through the Ministry of Finance, and issuance of US$4 billion notes thereunder
• Etisalat Group in its establishment of a US$3 billion trust certificate issuance program 
• Emirates REIT in its consent solicitation and exchange of existing trust certificates due 2022 for new secured trust certificates due 2024 
• The dealers in the establishment of a trust certificate issuance program by Saudi Aramco and issuance of US$6 billion certificates thereunder (the largest ever corporate Sukuk issuance)
• Nogaholding in the establishment and subsequent update of a US$3 billion trust certificate issuance program and issuances thereunder 
• The dealers in the establishment of a euro medium term note programme by Abu Dhabi Ports Company and issuance of US$1 billion notes thereunder
• The initial purchasers in Liquid Telecom’s US$620 million senior secured notes offering
• The dealers in the establishment and subsequent update of a global medium term note program by Saudi Aramco and issuances of US$12 billion notes (2019) and US$8 billion notes (2020) thereunder
• The joint lead managers in Arab National Bank’s US$750 million Tier 2 sukuk offering
• The underwriters in Saudi Basic Industries Corporation’s US$2 billion notes offering and US$1 billion notes offering
• The underwriters in Saudi Electricity Company’s US$2 billion sukuk offering and US$1.5 billion “green” sukuk offering
• Dana Gas in its tender offer and consent solicitation and issuance of new US$530 million sukuk and subsequent refinancing
• The underwriters in various updates of Abu Dhabi Commercial Bank’s US$9 billion global medium term note program and issuances thereunder 
• Dar Al-Arkan in various updates of its US$2 billion trust certificate issuance program and issuances thereunder 
• The Government of Dubai in various updates of its US$5 billion euro medium term note program and US$6 billion trust certificate issuance program and issuances thereunder
• The government of Kingdom of Saudi Arabia with respect to the establishment of its GMTN Programme and its US$17.5 billion debut sovereign bond issuance, and subsequent issuance
• The Oil & Gas Holding Company B.S.C. (nogaholding) on the establishment of a U.S.$3 billion 144A/Reg S Global Medium Term Note Programme, and the issuance of US$1 billion notes due 2027 under the Programme, and subsequent issuance
• Noor Bank in relation to its Trust Certificate Issuance Programme Establishment and US$500 million sukuk 
• J.P. Morgan on Abu Dhabi Commercial Bank’s (ADCB) Formosa Trade (Multi-Callable Zero Coupon Notes due 2047 Issued Pursuant to its US$9 billion Global Medium Term Note Programme)  
• Noor Bank on the establishment of its US$3 billion Sukuk program and subsequent inaugural issuance thereunder, as well as a Tier I Capital issuance
• The Joint Lead Managers and the Sukukholders’ Agent in connection with Bank Aljazira’s issuance of SAR 2,000,000,000 Sukuk due 2026
• Emirates Telecommunications Corporation (Etisalat) on its US$400 million bond issuance
• The joint lead managers of the issuance of $825 million senior secured bonds for the refinancing of the Shuweihat 2 independent power and water project in the UAE. Awarded “Middle East & Africa Bond Deal of the Year” by Project Finance International 2013
• Etisalat in respect of the establishment of a U.S.$7 billion medium term note programme and issuance of US$4.3 billion notes thereunder, the Middle East region’s largest ever corporate issuance 
• Lead Managers to Saudi Electricity Global Sukuk Company, on its sukuk issuance of US$1.5 billion 4.00% Certificates due 2024; US$1 billion 5.50% Certificates due 2044 
• Dana Gas PJSC, the largest independent oil and gas company in the UAE, in the restructuring of its US$1 billion exchangeable Trust Certificates (sukuk al-mudarabah) due 2012 by way of a consent solicitation and issuance of two tranches of new Sukuk 
• The underwriters in the offering by House of Fraser of its £250 million 8.875% senior secured notes due 2018 
• The underwriters in the offering by Gala Coral Group of its £350 million 8.875% senior secured notes due 2018 and £275 million 11.5% senior notes due 2019 Gala 

High Yield

• Goldman Sachs International in relation to Topaz Marine’s successful refinancing of Senior Notes via the issuance of US$375 million 9.125% Senior Notes due in 2022
• The lead managers in the offering by Topaz of its £350 million 8.625% senior notes due 2018 
• The joint lead managers of the issuance by IHS Nigeria of US$800 million 9.5% Senior Notes due 2021 and a concurrent tender offer and consent solicitation
• MB Holding Company, an Omani oil and gas services company, in its offering of its US$320 million 11.25% senior notes due 2015   
• Dana Gas in its tender offer and consent solicitation and issuance of new US$530 million sukuk and subsequent refinancing
• The joint lead managers in Arab National Bank’s US$750 million Tier 2 sukuk offering
• Liquid Telecommunications 8.5% Senior Secured Notes due 2022