Khalid Al-Gublan

Recent experience includes advising:

Corporate experience

• Advised Saudi Aramco on a US$11 billion lease and leaseback deal, involving its Jafurah gas processing facilities, with a consortium of international investors led by funds managed by Global Infrastructure Partners (GIP), part of BlackRock.
• Advised Saudi Aramco in connection with the secondary public offering by the Government of the Kingdom of Saudi Arabia of US$11.2 billion (excluding the overallotment option) of ordinary shares of Saudi Aramco. The offering was the largest secondary offering in EMEA since 2000 and the largest ECM offering in the Middle East, after Saudi Aramco's IPO in 2019.Advised the Saudi Arabian Oil Company (Saudi Aramco) on its SAR 96 billion initial public offering on the Main Market of the Saudi Stock Exchange.
• Advised the Saudi Arabian Oil Company (Saudi Aramco) on the acquisition of 70% shareholding in the Saudi Basic Industries Corporation (SABIC).
• Advised Ayyan Investment Company on the sale of all its shares in two subsidiaries, Al-Ahsa Medical Company and Al-Salam Medical Company, in exchange for newly issued shares in Dallah Healthcare Company. The transaction involved a share swap arrangement between two companies listed on the Saudi Stock Exchange.
• Advised Alcoa Corporation on the sale to Saudi Arabian Mining Company (Ma'aden) of Alcoa Corporation's entire 25.1 percent stake in a joint venture.
• Advised Rajhi Invest on the sale of a 40 percent stake in Berain Company to Hassana Investment Company.
• Advised Hassana Investment Company (in its capacity as one of the lead investors) in connection with the acquisition of 49% equity stake in the Aramco Gas Pipelines Company.
• Advised the Saudi Electricity Company in relation to the joint venture with the Public Investment Fund to develop electric vehicle infrastructure in KSA.
• Advised Abdullah Hashim Industrial Gases and Equipment in connection with the acquisition of Air Liquide Al Khafra Industrial Gases Factory.
• Advised the founding shareholders in Karam Beirut Restaurants in relation to the sale of 73% equity stake to Gulf Japan Food Fund.
• Advised a shareholder in Arabian Contracting Services Company (Al Arabia) in relation to the sale of 5% equity stake to MBC Group.
• Advised an investment arm of a government entity in relation to various real estate joint venture transactions.
• Advised Dr. Soliman Abdel Kader Fakeeh Hospital Company (Fakeeh Care Group), an integrated healthcare services provider in Saudi Arabia, on its listing on the Main Market of the Saudi Exchange (Tadawul).
• Advised Morgan Stanley Saudi Arabia and BSF Capital (formerly Saudi Fransi Capital) as joint financial advisors, underwriters and bookrunners on the initial public offering and listing on the Main Market of the Saudi Exchange (Tadawul) of Rasan Information Technology Company, a leading fintech and innovator in Saudi Arabia's insurance industry.
• Advised Goldman Sachs Saudi Arabia and J.P. Morgan Saudi Arabia Company, as financial advisers, bookrunners and underwriters, GIB Capital as senior bookrunner and underwriter, and NCB Capital Company as lead manager, bookrunner and underwriter, on the initial public offering of supermarket Bin-Dawood Holding Company.
• Advised the underwriters and bookrunners in relation to the US$400 million initial public offering of Arabian Contracting Services Company (Al Arabia) on the Main Market of the Saudi Stock Exchange.

Regulatory and public policy experience

• Advised various government entities in relation to regulatory initiatives and projects, transformation projects, legislative drafting and public policy matters.
• Advised a confidential ministerial committee on a regulatory reform for family offices.
• Advised the Ministry of Industry and Mineral Resources on various regulatory projects in the mining and metals space.
• Advised a confidential entity on obtaining a wide range of legal enablers in connection with a high-profile national strategic project.
• Advised a confidential government entity on a high-profile restructuring involving cross-border proceedings, government engagement and the issuance of legal instruments.
• Advised a high government committee in relation to the proposed events strategy.
• Advised a government entity in relation to the reform of its relevant export and import regulatory framework.
• Advised various government entities and government-owned entities in connection with cross-border regulatory and legal proceedings.
• Advised the Saline Water Conversion Corporation in relation to its corporatization and privatization project.
• Advised the National Water Company on the integration of various directorates operating under the Ministry of Environment, Water and Agriculture.
• Advised the Ministry of Investment on a number of regulatory initiatives and contentious and non-contentious matters.
• Advised the National Events Center in relation to various regulatory and legal initiatives and projects.
• Advised various national funds in relation to regulatory and legal initiatives and projects.
• Advised the Digital Government Authority in relation to various regulatory and legal initiatives and projects.
• Advised Metro Jeddah Company on regulatory aspects relating to two transport PPPs in Jeddah – the Corniche Tram and the Water Taxi and Ferries projects.
• Assisted the Ministry of Human Resources and Social Development in drafting implementing regulations and regulatory documents.
• Advised the National Industrial Development Center on its transformation project from a temporary government program to a permanent government center.
• Advised the Ministry of Culture in relation to the proposed bylaws of eleven cultural commissions.
• Assisted the Royal Institute for Traditional Arts in drafting its bylaws.
• Advised the Saudi Convention and Exhibition General Authority in relation to its proposed bylaws.