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Saudi PIF-backed ADES Prices IPO at Top End, Implying Over $4B Valuation

Saudi oil and gas driller ADES Holding said on Wednesday it has set the final price for its initial public offering (IPO)…

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Saudi PIF-backed ADES prices IPO at top end, implying over $4b valuation

ADES Holding has set the final price for its IPO, implying a valuation of 15.242 billion riyals for the Saudi sovereign wealth fund-backed firm.

Ash sharqiyahSaudi arabiaSaudi exchangeAlrajhi bankGoldman sachsSaudi aramcoArab national bankKuwait oil companyOil companySaudi national bankMiddle eastNorth africaNorth oil companySaudi fransiNational bank

Saudi PIF-backed ADES prices IPO at top end, implying over $4bln valuation

Saudi PIF-backed ADES prices IPO at top end, implying over $4bln valuation
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Rawabi Energy successfully concludes one of the largest private sector syndicated financing in Saudi Arabia valued at SAR 7.175bln

Rawabi Energy successfully concludes one of the largest private sector syndicated financing in Saudi Arabia valued at SAR 7.175bln
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Rawabi Energy Successfully Concludes One Of The Largest Private Sector Syndicated Financing In Saudi Arabia Valued At Sar 7.175Bn

Rawabi Energy Successfully Concludes One Of The Largest Private Sector Syndicated Financing In Saudi Arabia Valued At Sar 7.175Bn
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Ash sharqiyahSaudi arabiaAr riyaAl khobarAbu dhabiAbuz abyUnited arab emiratesKingdom of saudi arabiaOsman ibrahimAhmad alshubbarAhmed alqadeebAbdulaziz ali alturkiUnited safetyRawabi vallianz offshore servicesNational championRawabi energy vice chairman