28 Aug, 2025
Arab National Bank announces its intention to issue U.S. dollar denominated additional tier 1 capital sustainable sukuk under its international additional tier 1 capital sukuk issuance programme
 
Arab National Bank (the “Bank”) announces its intention to issue U.S. dollar denominated additional tier 1 capital sustainable sukuk (the “Sukuk”) under its international additional tier 1 capital sukuk issuance programme established by it on 14 August 2025, based on its Board of Directors resolution dated 05/01/1447H (corresponding to 30/06/2025G).
The issuance is expected to be through a special purpose vehicle and by way of an offer to eligible investors in the Kingdom of Saudi Arabia and internationally (the “Proposed Offer”).
 Introduction
The Bank has mandated ANB Capital Company, Arqaam Capital, Citigroup Global Markets Limited, Crédit Agricole Corporate and Investment Bank, Deutsche Bank Aktiengesellschaft, HSBC Bank plc, Kamco Investment Company K.S.C.P., Merrill Lynch International, SMBC Bank International plc and Standard Chartered Bank as Joint Lead Managers & Bookrunners in relation to the Proposed Offer.
U.S. dollar denominated additional tier 1 capital sustainable sukuk.
Offer Type
05/01/1447H (corresponding to 30/06/2025G) Date of the board’s decision
The amount and terms of the offer of the Sukuk will be determined at a later stage based on market conditions. Value of the offer
Improvement of Tier 1 capital, general banking purposes and to fulfill the Bank’s financial and strategic objectives in accordance with the Bank’s Sustainable Finance Framework. Purpose of the Offer
The offer of the Sukuk will be subject to the approval of the relevant regulatory authorities, as applicable, and will be made in compliance with relevant laws and regulations.
 Approvals
This announcement is not intended as an invitation or offer to purchase, acquire or subscribe to any securities and is subject to the terms and conditions of the Sukuk. The Bank will announce any other relevant material developments in due course as required by the relevant laws and regulations.  
 Additional Information
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