| Element List |
Explanation |
| Introduction |
With reference to the announcement from The Saudi National Bank published on the website of the Saudi Exchange on 21/12/1446H (corresponding to 17/06/2025G) regarding the commencement of The Saudi National Bank’s offer of U.S. dollar denominated tier 2 capital notes (the “Notes”) by way of an offer to eligible investors in the Kingdom of Saudi Arabia and internationally, The Saudi National Bank would like to announce the completion of the offer of the Notes and the settlement of the Notes issuance will be on 28/12/1446H (corresponding to 24/06/2025G). |
| Offer Type |
U.S. dollar denominated tier 2 capital notes. |
| Value of the offer |
USD 1,250,000,000 |
| Total number of (Bonds/Sukuk) |
6,250 (based on the minimum denomination and total issue size). |
| Par Value (Bonds/Sukuk) |
USD 200,000 |
| Return (Bonds/Sukuk) |
6.00% per annum |
| Maturity (Bonds/Sukuk) |
10 years, callable after 5 years. |
| Terms of Redemption |
The Notes may be redeemed in certain cases as detailed in the offering circular in relation to the Notes. |
| Additional Information |
The Notes will be listed on the London Stock Exchange's International Securities Market. The Notes may be sold in reliance on Regulation S under the US Securities Act of 1933, as amended. |
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