IssuerAnnouncementDetailsV2Portlet
Actions
Al Rajhi Bank announces the completion of the offer of its U.S. dollar denominated sustainable Sukuk under its international Sukuk programme
1120
ALRAJHI
-0.25
%
1444/09/08 30/03/2023 09:10:32
| Element List | Explanation |
|---|---|
| Offer Type | U.S. dollar denominated senior unsecured sustainable Sukuk. |
| Introduction | With reference to the announcement from Al Rajhi Bank (the “Bank”) published on the website of the Saudi Exchange on 07/09/1444H (corresponding to 29/03/2023G) regarding the commencement of the Bank's offer of U.S. dollar denominated sustainable Sukuk (the “Sukuk”) by way of an offer to eligible investors in the Kingdom of Saudi Arabia and internationally, the Bank would like to announce the completion of the offer of the sustainable Sukuk and the settlement of the sustainable Sukuk issuance will be on 14/10/1444H (corresponding to 05/04/2023/G). |
| Offer Type | U.S. dollar denominated senior unsecured sustainable Sukuk. |
| Value of the offer | USD 1,000,000,000 |
| Total number of (Bonds/Sukuk) | 5,000 (based on the minimum denomination and total issue size). |
| Par Value (Bonds/Sukuk) | USD 200,000 |
| Return (Bonds/Sukuk) | 4.75% (per annum) |
| Maturity (Bonds/Sukuk) | 5 years |
| Terms of Redemption | The sustainable Sukuk may be redeemed prior to the scheduled maturity date in certain cases as detailed in the offering circular in relation to the sustainable Sukuk |
| Additional Information | The sustainable Sukuk will be listed on the London Stock Exchange's International Securities Market. The sustainable Sukuk may be sold in reliance on Regulation S under the US Securities Act of 1933, as amended. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
Share
Company Performance
ALRAJHI
Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price 80.0
Net Change -0.2 (-0.25%)
Value Traded (Sar) 183,025,683.7
Volume Traded 2,286,716
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions