K&A successfully advised Riyad Capital in its capacity as the financial adviser, underwriter and lead manager on the IPO of the Fourth Milling Company, which successfully listed on the main market of the Saudi Exchange. The Fourth Milling Company is a leading Saudi-based milling company and a significant contributor to Saudi Arabia’s food security, and one of three milling companies’ that recently IPOed on the Saudi Exchange. The successful IPO of Fourth Milling Company solidifies K&A’s position as a leading equity capital market firm in Saudi Arabia.
The transaction was led by Partner Zeyad Khoshaim along with Senior Associate Ghaida Meaigel, supported by a team of associates in the capital markets team.
This role comes on the back of K&A also closing the work on the IPO of Arabian Mills for Food Products Co. early October.