Element List |
Explanation |
Introduction |
With reference to the announcement from Alinma Bank (the Bank), published on the website of the Saudi Stock Exchange (Tadawul) on 13/01/1447H corresponding to 08/07/2025G, regarding the commencement of the Bank’s offer of U.S. Dollar denominated Certificates under the Trust Certificate Issuance Programme (the 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 Certificates. The settlement of the Certificates issuance is expected on 20/01/1447H corresponding to 15/07/2025G . |
Offer Type |
U.S. Dollar-denominated Certificates under the Trust Certificate Issuance Programme. |
Value of the offer |
US$500,000,000 |
Total number of (Bonds/Sukuk) |
2,500 (based on the minimum denomination and total issue size). |
Par Value (Bonds/Sukuk) |
USD200,000 |
Return (Bonds/Sukuk) |
4.937% (per annum). |
Maturity (Bonds/Sukuk) |
15 July 2030G |
Terms of Redemption |
The Certificates may be redeemed prior to the scheduled maturity date in certain cases as detailed in the Offering Circular related to the Trust Certificate Issuance Programme. |
Additional Information |
The Certificates will be listed on the International Securities Market of the London Stock Exchange plc. The Certificates may only be sold in reliance on Regulation S under the US Securities Act of 1933, as amended. |
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