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Omar Alsughaiyer Baker Botts Riyadh
Omar Alsughaiyer Baker Botts Riyadh
Omar Alsughaiyer
Associate
[email protected]
DETAILS
Practices
Corporate
Debt Finance
Industries
Finance
Details
Overview
Overview Admissions & Affiliations Experience News
Practices
Corporate
Debt Finance
Industries
Finance

Overview

Omar Alsughaiyer is a Saudi banking and Islamic finance associate. He advises commercial and governmental banks, funds, and corporates in relation to finance transactions.

He also advises on project finance, corporate finance, sovereign lending, debt capital markets, debt restructuring, acquisition financing, real estate financing, investment-grade lending, Sukuk issuances, and structured product issuances. Prior to joining private practice, Omar held positions at several established financial institutions, including major commercial and governmental banks.

Omar is a qualified lawyer in Saudi Arabia, licensed by the Ministry of Justice, and is a member of the Saudi Arabian Bar Association holding an LLM from Gould School of Law, University of Southern California, Los Angeles, CA and an LLB in Islamic Law from Imam Muhammad ibn Saud Islamic University, Riyadh.

Admissions & Affiliations

  • Saudi Legal Practice, 2021

Education

  • Master of Laws, University of Southern California
  • Bachelor of Laws, Islamic Law, Imam Muhammad bin Saud Islamic University

Experience

  • TDF in a SAR 1.3 billion syndicated financing arrangement with Riyad Bank to support the development of Knowledge Economic City (KEC).
  • NEOM in relation to drafting and negotiating its Shariah compliant multi-billion Murabaha investment agreement with a major KSA bank.
  • The Tourism Development Fund (TDF) on structuring and drafting a Shariah compliant financing framework agreement with Arab National Bank (ANB) to support financing tourism projects by SMEs in the Kingdom.
  • Deutsche Bank Geneva in relation to multiple high-net-wealth margin lending and refinancing transactions.
  • TDF on the structuring and execution of a sector-specific guarantee program, in partnership with several banks, to support financing for tourism-related entities.
  • The Cultural Development Fund (CDF) in its guarantee program with several banks to facilitate financing for entities in the cultural sector.
  • TDF in its financing agreement with Ajdan Real Estate Company for the development of five-star hotels as part of the Ajdan Waterfront project.
  • Al Khair Capital Saudi Arabia Company as arranger in respect of the SAR 500,000,000 Sukuk Issuance Programme for Rawasi Al Bina Investment Company.
  • The lenders (TDF and Riyad Bank) in a SAR 644 million financing deal for Dana Bay Tourism Company.
  • Bank Aljazira on its second issuance of up to SAR 1,000,000,000 Sukuk under its Additional Tier 1 Capital Sukuk Programme.
  • TDF in a groundbreaking stabilization guarantee for project finance to develop a new downtown in the Asser region.
  • The Saudi Mortgage Guarantees Services Company “Damanat” on the first product for financing real estate developers for off-plan sales projects in support and empowerment of real estate developers, and to encourage them to increase the supply of housing units with quality solutions and suitable financing guarantees for various segments of society.
  • TDF in a bilateral financing arrangement with Bank Aljazeera for the RC Beach Real Estate Fund, focused on the construction of the Ritz-Carlton Resort in Al Khobar.
  • Al Khair Capital Saudi Arabia Company as arranger in respect of the SAR 500,000,000 Sukuk Issuance Programme for Aqaseem Factory for Chemicals and Plastics Company
  • TDF in its contribution to the financing of Al Khobar Avenue for the construction and development of the Four Seasons Hotel.