Cassy Raby
Biography
Overview
Cassy is an Associate in our Equity Capital Markets practice in Dubai. She has experience in a broad range of capital markets and corporate transactions, including IPOs, rights issues, SPACS international private equity, international M&A and corporate reorganizations. Prior to joining the UAE practice, Cassy has broad experience supporting the firm's Debt Capital Markets, Tax and Private Equity practices.
Experience
Representative experience includes:
Saudi Aramco in connection with the secondary public offering by the Government of the Kingdom of Saudi Arabia of US$11.2 billion (excluding the overallotment option) of ordinary shares of Saudi Aramco. The offering was the largest secondary offering in EMEA since 2000 and the largest ECM offering in the Middle East, after Saudi Aramco's IPO in 2019.
Dr. Soliman Abdel Kader Fakeeh Hospital Company (Fakeeh Care Group), an integrated healthcare services provider in Saudi Arabia, on its listing on the Main Market of the Saudi Exchange (Tadawul).
Morgan Stanley Saudi Arabia and BSF Capital (formerly Saudi Fransi Capital) as joint financial advisors, underwriters and bookrunners on the initial public offering and listing on the Main Market of the Saudi Exchange (Tadawul) of Rasan Information Technology Company, a leading fintech and innovator in Saudi Arabia's insurance industry.
EFG Hermes, Goldman Sachs, JP Morgan, SNBC, Al Rajhi Capital, HSBC, GIB Capital and Saudi Fransi Capital in their roles as joint financial advisors, joint bookrunners, underwriters and lead manager on the IPO of ADES Holding on the Saudi Stock Exchange (Tadawul), the largest IPO in Saudi Arabia for 2023 at the time of listing.
Abu Dhabi Commercial Bank, EFG-Hermes and Emirates NBD Capital as joint global coordinators on the IPO of Al Ansari Financial Services PJSC, on the DFM.
Saudi Fransi Capital, J.P. Morgan Saudi Arabia Company and AlRajhi Capital Company on the initial public offering of Jamjoom Pharmaceuticals Factory Company on the Saudi Exchange.
Amanat Holdings PJSC on its acquisition of 60% of the shares in the Human Development Company LLC.
The Industrialization and Energy Services Company (TAQA) on its acquisition of 100% of the shares in Al Mansoori Petroleum Services LLC.
Borealis AG, the parent company of Borouge PLC, a petrochemical group jointly controlled by ADNOC, on its IPO on the Abu Dhabi Exchange, Abu Dhabi's largest IPO to date.
Dubai Electricity and Water Authority (DEWA) as offeror on its IPO on the Dubai Financial Market. Dubai's largest IPO to date.
Emirates Central Cooling Systems Corporation PJSC (Empower) as offeror on its IPO on the Dubai Financial Market.
Taaleem Holdings as offeror on its IPO on the Dubai Financial Market.
Alpha Bank S.A. in Greece on the sale of its Albanian banking subsidiary, Alpha Bank Albania SHA, to OTP Bank plc.
The Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, in its sell-down of a portion of its shares in the Saudi Telecom Company (STC), amounting to six percent of STC's share capital, through a fully marketed secondary offering. The offering raised SAR 12 billion (approximately US$ 3.2 billion) for PIF.
16 fast-growth companies to the U.K. government's Future Fund, a matched equity-investment scheme established in response to the Covid-19 pandemic, in securing over GBP1m total equity funding from external investors and matched investment from the Future Fund.
Piper, a consumer focused investment firm on its investment into Wattbike.
Crystal Peak Acquisition in its US$150 million SPAC IPO on Euronext Amsterdam.
The underwriters on C&C Group's £151 million rights issue.
Hepsiburada.com on its US$780 million IPO on Nasdaq.
