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

Summary by صحيفة الاقتصادية
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 …
Published 3 months ago

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“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 …

3 months ago
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Abdullah Al Rajhi: With coverage approaching 300% of the expected Issue size More than 125,000 investors subscribed in Al Rajhi Bank’s Tier1 Sukuk.

Mr. Abdullah bin Sulaiman Al Rajhi, Chairman of Al Rajhi Bank, announced the results of the IPO offering of Al […]

3 months ago
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