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GIB Capital


GIB Capital Announces Participation in $500 Million Bond Issuance for Gulf International Bank
Back 9 July 2024

GIB Capital is pleased to announce its role as a Joint Lead Manager and Joint Bookrunner for the issuance of $500 million bonds for Gulf International Bank B.S.C. This issuance has attracted significant interest from investors, with subscriptions exceeding $1.1 billion, more than double the required amount. This strong response reflects investors’ confidence in Gulf International Bank and its established position in the financial market. GIB Capital is proud to be part of this successful issuance, which reinforces its standing as a leading provider of financial services and underwriting management. GIB Capital looks forward to continuing its successful collaboration with Gulf International Bank in the future, reaffirming its commitment to delivering the best financial services and solutions to its clients.

GIB Capital is a Single Shareholder Company (Commercial Registration No. 1010244294) with paid-up capital of SR 200,000,000.

GIB Capital obtained its license from the Capital Market Authority under license number 07078-37 on 08/07/1428H (corresponding to 22/07/2007G). GIB Capital obtained the approval to proceed with its business activities from the Capital Market Authority on 03/04/1429H (corresponding to 12/04/2008G).

GIB Capital provides corporate finance services in the Saudi capital markets, and is licensed to carry out the following activities by the Capital Market Authority (“CMA”):

  • Dealing as:
    • Principal
    • Agent
    • Underwriter
  • Managing
    • Investment fund management
    • Discretionary portfolio management
  • Arranging
  • Advising
  • Custody

GIB Capital is a subsidiary of Gulf International Bank B.S.C. with registered office at Low Rise Building 1, Granada Business & Residential Park, Eastern Ring Road, P.O. Box 89589, Riyadh 11692, Kingdom of Saudi Arabia.