INVESTMENT BANKING

SHUAA’s Investment Banking group serves institutional clients across the MENA region

Introduction to
Investment Banking

SHUAA’s Investment Banking group serves institutional clients across the MENA region. Our core advisory practice helps companies raise capital to strengthen and grow their businesses; provides advice on mergers, acquisitions and disposals; and underwrites equity and debt capital market transactions.

This is complemented by our sales and trading platform, where SHUAA specialises in making markets in fixed income and a range of credit products as well as offering a global equities execution capability and securities services.

Over the last 3 years our team has delivered USD 1 billion ECM, USD 1 billion DCM transactions and advised on over USD 1.5 billion of M&A and restructuring mandates

01

Advisory

02

Financing

03

Sales & Trading

04

Securities Services

Investment Banking has been at the core of SHUAA’s activities over the last 40 years in the region

With the firm being at the forefront of investment trends. Starting with the launch of public equities in the early 2000s, SHUAA led a majority of IPOs in the region, allowing it to gain a deep understanding into local and regional markets and investor appetites.

Investment Banking

Advisory

Anghami

on its merger with

USD 220,000,000

Advisor PIPE Financing
March 2021

Dubai Parks and Resorts PJSC

Debt buyout offer from

USD 1,170,000,000

Financial Advisor
January 2021

PAL Cooling Holding LLC

on its merger with

USD 700,000,000

Sole Financial Advisor
May 2019

Alpha Lloyds Insurance Brokers LLC

Strategic sale to

Undisclosed Value

Sole Financial Advisor
February 2017

Amanat Holdings PJSC

Acquisition of a minority stake in

USD 40,000,000

Sole Financial Advisor
March 2016

Emirates National Group LCC

Strategic acquisition of

Undisclosed Value

Sole Financial Advisor
January 2016

ECM

IPOs & Rights Issues

Dar Al Takaful PJSC

Rights Issue of 50,000,000 rights for AED 1.02 per right on Dubai Financial Market

AED 50,000,000

Lead Manager and Underwriter
May 2017

Emirates NBD (CEIC) Limited

Initial Public Offering of 94,594,595 shares at USD 1.11 per share on NASDAQ Dubai

USD 105,000,000

Co-Lead Manager
March 2017

Dubai Parks and Resorts PJSC

Initial Public Offering of 2,528,731,083 shares at AED 1.00 per share on the Dubai Financial Market

AED 2,528,731,083

Co-Manager
December 2014

Amanat Holdings PJSC

Initial Public Offering of 1,375,000,000 shares at AED 1.00 per share on the Dubai Financial Market

AED 1,375,000,000

Offering Manager
November 2014

Emirates REIT (CEIC) Limited

Initial Public Offering of 147,977,941 shares at USD1.36 per share on NASDAQ Dubai

USD 201,250,000

Sponsor and Joint Bookrunner
April 2014

DCM

Bond, Sukuk & Convertible Offerings

Pure Harvest

Sukuk offering of
senior secured notes

USD 50,000,000

Lead Arranger
March 2021

SHUAA Capital psc

Bond offering of
senior secured notes

USD 150,000,000

Joint Lead Manager
October 2020

GFH Financial Group

Sukuk offering of
senior secured notes

USD 300,000,000

Joint Lead Manager
January 2020

The First Group

Sukuk offering of
senior secured notes

USD 135,000,000

Lead Manager
August 2019

Jabal Omar Development Company

Sukuk offering
unsecured notes

USD 135,000,000

Lead Arranger
November 2018

SHUAA’s investment banking segment remains highly active, assisting with USD 685 million of debt capital market issuances in the year

This is despite COVID-19 challenges which resulted in delays to transactions closing. Furthermore, the segment continued to provide additional support to corporates, in light of these COVID-19 challenges, by introducing specialized corporate restructuring solutions, as well as providing free advisory services and financial packages to small and medium enterprises (SMEs).

The year ahead will see SHUAA continuing to focus on similar activities. Our company has already acted as financial advisor on the successful USD 1.2 billion debt buyout of Dubai Parks and Resorts PJSC by Meraas. SHUAA also acted as lead arranger for Pure Harvest’s USD 50 million Sukuk in March 2021.

Given 2021’s continued economic challenges and changing market dynamics, our ambition is to be the leading provider of structuring and financing solutions to our clients.