03 Sep, 2025
Arab National Bank announces the completion of the offer of its U.S. dollar denominated additional tier 1 capital sustainable sukuk under its international additional tier 1 capital sukuk issuance programme
With reference to the announcement from Arab National Bank (the “Bank”) published on the website of the Saudi Exchange on 10/03/1447H (corresponding to 02/09/2025G) regarding the commencement of the Bank’s offer of U.S. dollar denominated additional tier 1 capital 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 Sukuk. The settlement of the issuance of the Sukuk will be on 17/03/1447H (corresponding to 09/09/2025G).
Introduction
U.S. dollar denominated additional tier 1 capital sustainable sukuk.
Issuance Type
USD 750,000,000 Value of the offer
3,750 (based on the minimum denomination and total issue size). Total number of (Bonds/Sukuk)
USD 200,000 Par Value (Bonds/Sukuk)
6.4% per annum Return (Bonds/Sukuk)
Perpetual, callable after 5 years. Maturity (Bonds/Sukuk)
The Sukuk may be redeemed in certain cases as detailed in the base offering circular in relation to the Sukuk. Terms of Redemption
The Sukuk will be listed on the London Stock Exchange's International Securities Market. The Sukuk may be sold in reliance on Regulation S under the US Securities Act of 1933, as amended.
Additional Information