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by Legal Desire
8 January 2021

Ashurst advises on SAR 2 billion (USD 540 million) acquisition finance for the privatisation of Saudi Arabia’s First Milling Company

Advising firms

Deal team

7 lawyers named
LawyerFirmSeniorityPracticeOffice
Bilal Rana Lead Ashurst Partner project finance Riyadh
Albert Kromm Ashurst Associate Not stated Dubai
Iman Linjawi Ashurst Associate Not stated Riyadh
Yasmeen Qassab Ashurst Trainee Not stated Riyadh
Matt Hartsuyker Ashurst Senior associate Not stated Dubai
Suzanne Farrell Ashurst Senior associate Not stated Dubai
Rushal Noor Ashurst Associate Not stated Dubai

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Stated terms

Stated value
USD 540m (USD 540 million)
What the figure measures
Total transaction value
Client
Not stated
Counterparties
AlRaha AlSafi Food Company (Buy-side)
Saudi Arabian Grains Organisation (SAGO) (Sell-side)
Alinma Bank (Lenders)