Morgan Stanley expands Middle East operations

Notes and media contacts

Morgan Stanley
Morgan Stanley is a global financial services firm and a market leader in securities, investment management and credit services. With over 600 offices in 28 countries, Morgan Stanley connects people, ideas and capital to help clients achieve their financial aspirations.

Morgan Stanley in the Middle East
Morgan Stanley has been active in the Middle East region since the 1970s, providing a variety of investment banking, asset management and wealth management services. Recent transactions in the region include:

• Acted as Global Coordinator and Sole Structuring Advisor for the issuance of $1.55bn Notes for the Egyptian General Petroleum Corporation (EGPC)

• Acted as Joint Bookrunner for €4.8bn accelerated bookbuild offerings for KPC's Sanofi-Aventis shares in two separate transactions

• Created a consortium for Saudi Oger in its $6.55bn acquisition of the 55% stake in Turk Telecom

• Acted as Joint Bookrunner for Mashreqbank's two Floating Rate Notes offerings totalling $625MM

• Currently executing as joint global coordinator the recently announced IPO for Kingdom Hotels Investment (KHI)

• Currently executing as joint Bookrunner on the upcoming IPO for Showtime Arabia

May Nasrallah
May Nasrallah is a Managing Director and Head of Investment Banking for the Middle East and North Africa Region responsible for overseeing the full range of investment banking services including advisory and capital raising for Middle Eastern clients. Prior to this, May was responsible for Morgan Stanley's European and EEMEA Liability Management and Restructuring business, based in London. May joined Morgan Stanley in New York in 1994 in the Mergers, Acquisitions and Restructuring Group and later moved to the project finance advisory group. She then joined the high yield capital markets group where she focused on emerging markets. In 2000, May moved to the London office where she became responsible for European corporate leveraged financings for telecom, media and industrial companies. May graduated from the Massachusetts Institute of Technology (MIT) with a Bachelor's Degree in Economics and Bachelor's Degree in Political Science. She received her Master's Degree in Management from MIT's Sloan School of Management.