Norton Rose Fulbright Advised Impact46 On iOud Sukuk Issuance Programme

Norton Rose Fulbright Advised Impact46 on iOud Sukuk Issuance Programme

The largest and most prominent global law firm, Norton Rose Fulbright advised Impact46, acting as sole financial advisor and arranger, on the establishment of a senior unsecured Sukuk issuance programme by Intelligent Oud Company for Trading (iOud), alongside the first Sukuk issuance under the programme on a public offer basis to investors in the Kingdom of Saudi Arabia (KSA).

iOud is a Saudi Exchange-listed developer, manufacturer and distributor of scented agarwood products, including oud, incense and fresheners.

The transaction team from Norton Rose Fulbright was led by Hamed Afzal (Partner), supported by Ganna Vlasenko (Senior Associate), Yousef Al Amly (Senior Associate) and Mia Blundell (Trainee Solicitor).

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