Cleary Gottlieb has won the International Equity Capital Markets Deal of the Year award at the 2024 Bonds & Loans Capital Markets & ESG Finance Awards, recently held in Riyadh.
Cleary was recognized for its work as legal advisor to the Saudi Aramco Base Oil Company (Luberef) in its $1.32 billion (SAR4.95 billion) initial public offering and listing on the main market of the Saudi Exchange. The IPO was Saudi Arabia’s third-largest of the year, with strong demand from investors in the kingdom and internationally.
Since 2014, the Bonds & Loans Awards has been recognizing the most innovative and groundbreaking deals from sovereign, corporate, and financial institution issuers and borrowers.
To learn more about the awards, click here.