Kuwait City, Kuwait – Kuwait City, Kuwait – Meysan Partners, the Kuwait based corporate law firm, has advised National Bank of Kuwait (NBK), the Middle East’s largest regional bank, on the issuance of new shares representing circa KWD 137,000,000. The latest issuance will enhance the bank’s capital base and is in line with Basel III guidelines.
Meysan Partners advised on various streams of the transaction including the issuance documents and the management of the regulatory processes with the Capital Markets Authority and the Kuwait Clearing Company.
The firm further represented NBK before the Capital Markets Authority in Kuwait to secure the necessary approvals on the issuance and the offering of the rights issue in Kuwait. The transaction represents the first rights issue for a leading bank under the new regulations issued by the Capital Markets Authority in November 2015.
Meysan Partners team was led by Abdul Aziz Al-Yaqout and Tarek Yehya.
Meysan Partners advises NREC on the sale of its investment in Erbil, Iraq
Meysan Partners advised National Real Estate Company Co (“NREC”), a publicly listed real estate and investment company based in Kuwait,..... Read More
Meysan Partners advises on the sale of Al Shohub Private School to Aldar Education
Meysan Partners advised on the sale of Al Shohub Private School (“Al Shohub”), a British education provider in Abu Dhabi,..... Read More
Meysan Partners advises Agility Ventures in their Series A investment in Retailo
Meysan Partners advises Agility Ventures (“Agility”), the corporate venture arm of Agility and the leader in supply chain services, innovation and investing..... Read More
For press or media related enquiries, please contact:
Meysan Partners regularly produces e-updates on legal developments which might impact your organisation. For more information or to subscribe, please email firstname.lastname@example.org.
Enter your details and set your subscription references: