30 Sep, 2025
Arab National Bank announces its determination to redeem its U.S.$ 750,000,000 fixed rate resettable tier 2 trust certificates (Capital sukuk) due 2030
Arab National Bank is pleased to announce its intention to call (redeem) the U.S.$750,000,000 fixed rate resettable tier 2 trust certificates due 2030 (the “Sukuk”), in full, at face value (100% of issue price) at the end of year five (5) (28 October 2025).
The Sukuk was issued on 28 October 2020 for an aggregate value of U.S.$750,000,000 with an original maturity of ten (10) years due on 28 October 2030 and in accordance with the Sukuk's terms and conditions, Arab National Bank may require ANB Sukuk Ltd. as issuer to call the Sukuk on 28 October 2025. Regulatory approval has already been obtained in this regard.
The redemption amount together with any periodic distribution accrued but unpaid will be paid by or on behalf of, ANB Sukuk Ltd. on 28 October 2025 to the relevant holders of the Sukuk in accordance with the terms and conditions of the Sukuk.
Introduction
International Tier 2 Sukuk denominated in U.S. dollars. Issuance Type
U.S.$750,000,000 Amount of redeemed (bonds/sukuk)
100% Percentage of Redeemed (bonds/sukuk) out of Total Issued (bonds/sukuk)
3,750 Sak (based on the minimum denomination and total size) Number of redeemed (bonds/sukuk)
11/03/1442H (corresponding to 28/10/2020G) Issuance Date
06/05/1447H (corresponding to 28/10/2025G) Trading End Date
U.S.$ 200,000 Sukuk Par Value at Redemption Date
0 Total issuance value after redemption
06/05/1447H (corresponding to 28/10/2025G) Date of Depositing the Amounts in the (bonds/sukuk) Holders Accounts
For any further information or questions, kindly contact the Investors Relations Department:
Phone number: +966 (11) 402-9000 extension (1473) during operating hours
Name of the Entity Responsible for the Deposit and Contact Details