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Firm completes advisory ahead of IPO

EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced that its Investment Banking division has successfully completed advisory on Ali Alghanim and Sons Automotive Company’s $323 million Private Placement ahead of the Initial Public Offering (IPO) on Boursa Kuwait. ....

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EFG Hermes completes advisory on $323 million private placement ahead of the IPO of Ali Alghanim and Sons Automotive Company on Boursa Kuwait

Driven by pent up demand, the private placement was oversubscribed about 11 times ....

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EFG Hermes completes advisory on $323m private placement

Driven by pent up demand, the private placement of Ali Alghanim and Sons Automotive Company on Boursa Kuwait was oversubscribed approximately 11 times ....

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