“Al-Rajhi”: the completion of the offering and subscription to sukuk worth 10 billion riyals

صحيفة الاقتصادية

“Al-Rajhi”: the completion of the offering and subscription to sukuk worth 10 billion riyals

Al Rajhi Bank announced the completion of offering and subscribing to first tranche sukuk valued in Saudi Riyals, as follows: The issuance type is first tranche sukuk denominated in Saudi Riyals. The value of the offering is 10,000,000,000 Saudi riyals. The total number (of suics/bonds) is 10,000,000 instruments. The nominal value (of the tick/bond) is 1,000 Saudi riyals per instrument. The return (instrument/bond) is 5.50% fixed annually, paid …