Global law firm White & Case LLP has been recognized with 11 "Deal of the Year" awards at the Global Banking & Markets (GBM) Awards: Saudi Arabia 2026. The awards recognize "the most innovative and groundbreaking deals in Saudi Arabia."
White & Case advised on the following winning transactions:
- Global Banking & Markets Deal of the Year: Saudi Aramco US$4 billion four-tranche bond offering
- High Yield Bond Deal of the Year: Cenomi Centers US$500 million sukuk
- Local Currency Bond Deal of the Year: Cenomi Centers SAR 2.05 billion sukuk
- Liability Management Deal of the Year: Kingdom of Saudi Arabia SAR 60.3 billion buyback of 2025-2029 outstanding maturities and new issue of 7, 11 and 14-year maturities
- Debut Bond Deal of the Year: The Arab Energy Fund US$500 million sukuk
- Securitization Deal of the Year: SRC inaugural SAR 356 million residential mortgage-backed securities issuance
- Leveraged Finance Deal of the Year: Aramco Midstream Gas Company US$10.4 billion monetization financing
- Equity Capital Markets Deal of the Year: ACWA Power SAR 7.125 billion rights issue
- Local Equity Capital Markets Deal of the Year: Masar US$253 million accelerated equity offering
- M&A Deal of the Year: SALIC's US$2.6 billion acquisition of Olam Group's 65 percent stake in Olam Agri
- Corporate Sukuk Deal of the Year: Almarai US$500 million sukuk
"These awards reflect the strength and breadth of our practice in Saudi Arabia and our role advising on many of the Kingdom's most significant transactions," said Abdullah Al-Hoqail, Office Executive Partner in Riyadh. "Recognition across 11 categories, spanning capital markets, finance, securitization and M&A, demonstrates the depth of our capabilities and the trust our clients place in our teams. We are proud to support our clients on increasingly sophisticated and ambitious transactions and to contribute to the continued development of the Kingdom's markets."
The awards ceremony will be held on September 14 in Riyadh.