Alinma Bank announces the Commencement of its Offer of U.S. Dollar-denominated Sustainable Additional Tier 1 Capital Certificates under the Additional Tier 1 Capital Certificate Issuance Programme.
| Element List | Explanation |
|---|---|
| Introduction | Alinma Bank (the Bank) published on the website of the Saudi Stock Exchange (Tadawul) on 02/03/1447H corresponding to 25/08/2025 regarding its intention to issue U.S. Dollar-denominated Sustainable Additional Tier 1 Capital Certificates through a special purpose vehicle and by way of an offer to eligible investors in the Kingdom of Saudi Arabia and internationally, the Bank would like to announce the commencement of the offer of the Certificates. |
| Offer Type | U.S. Dollar-denominated Sustainable Additional Tier 1 Capital Certificates under the Additional Tier 1 Capital Certificate Issuance Programme. |
| Value of the offer | The amount and terms of offer of the Sustainable Additional Tier 1 Capital Certificates will be determined subject to market conditions. |
| Offering start Date | 2025-08-27 Corresponding to 1447-03-04 |
| Offering end Date | 2025-08-28 Corresponding to 1447-03-05 |
| The targeted class of the issuance | Eligible investors in the Kingdom of Saudi Arabia and internationally. |
| Name of Issuance Manager | The Bank has mandated Abu Dhabi Islamic Bank PJSC, Alinma Capital Company, Dubai Islamic Bank PJSC, Emirates NBD Bank P.J.S.C., Goldman Sachs International, J.P. Morgan Securities plc and Standard Chartered Bank as joint lead managers. |
| Minimum Subscription | USD 200,000 and in increments of USD 1,000 in excess thereof. |
| Offer Price (Sukuk /Bonds) | Subject to market conditions. |
| Par Value | USD 200,000 |
| Return (Sukuk /Bonds) | Subject to market conditions. |
| Maturity (Sukuk /Bonds) | Perpetual, callable after 5.5 years. |
| Terms of Redemption | The Certificates may be redeemed in certain cases as detailed in the Offering Circular in relation to the Additional Tier 1 Capital Certificate Issuance Programme. |
| Additional Information | This announcement is not intended as an invitation or offer to purchase, acquire or subscribe to any securities and is subject to the terms and conditions of the Sustainable Additional Tier 1 Capital Certificates. The Bank will announce any other relevant material developments to its shareholders in due course.
The Sustainable Additional Tier 1 Capital 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 Securities Act of 1933, as amended.
The Issuing End Date referred to above is the expected date of the end of the offering, subject to market conditions. |
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