| Element List |
Explanation |
| Introduction |
With reference to the announcement from Riyad Bank (the “Bank”) published on the website of the Saudi Exchange on 12/01/1447H (corresponding to 07/07/2025G) regarding the commencement of the Bank's offer of U.S. dollar denominated tier 2 trust certificates (the “Trust Certificates”) 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 Trust Certificates. The settlement of the issuance of the Trust Certificates will be on 19/01/1447H (corresponding to 14/07/2025G). |
| Offer Type |
U.S. dollar denominated tier 2 trust certificates. |
| 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) |
6.209% (per annum) |
| Maturity (Bonds/Sukuk) |
10 years, callable after 5 years. |
| Terms of Redemption |
The Trust Certificates may be redeemed in certain cases as detailed in the base offering circular in relation to the Trust Certificates. |
| Additional Information |
The Trust Certificates will be listed on the London Stock Exchange's International Securities Market. The Trust Certificates may be sold in reliance on Regulation S under the US Securities Act of 1933, as amended. |
Comments