GIB Capital Achieves Milestones in Investment Services Sector
In the fast-paced world of investment services, GIB Capital, the investment arm of Gulf International Bank, has been making waves with a series of significant achievements in the first quarter of 2025.
One of the standout accomplishments includes serving as the financial advisor, institutional bookrunner, and joint underwriter for the oversubscribed SR2 billion IPO of Umm Al-Qura, which saw a staggering 241 times oversubscription.
Additionally, GIB Capital played a crucial role as joint lead manager and joint bookrunner in the highly successful $1.25 billion sukuk issuance for Saudi Arabian Mining Company (Ma’aden), which received strong demand from international investors and was oversubscribed 8 times.
Expanding its reach into global debt markets, GIB Capital successfully managed a $1.75 billion sukuk issuance for the Islamic Development Bank (IsDB) as joint lead manager and joint bookrunner, attracting a diverse group of global investors.
Another feather in GIB Capital’s cap was its involvement as joint lead manager and joint bookrunner for the $1 billion sukuk issuance by Bahrain Petroleum Company (Bapco), which garnered over $4 billion in orders.
Furthermore, GIB Capital played a pivotal role as joint lead manager in the oversubscribed $2 billion sukuk issuance by the Saudi Real Estate Refinance Company (SRC), with active participation from international investors and a subscription rate of more than six times.
These impressive transactions not only highlight GIB Capital’s prowess in executing complex financial operations but also underscore its significance as a key player in advancing capital markets and attracting both local and global investors.
