SAB logo pictured, as it starts issuance of USD-denominated Tier 2 capital notes under its Medium-Term Note Program
Saudi Awwal Bank ( SAB) starts issuance of USD-denominated Tier 2 capital green notes under its medium-term note program, as of today, Aug. 27. 
Issuance Details
Type
US dollar-denominated Tier 2 capital green notes under the medium-term note program
Offering Amount
Subject to market conditions
Start Date
Aug. 27, 2025
End Date
Aug. 28, 2025
Target Investors
Qualified investors locally and overseas
Issuance Manager
HSBC Bank, Goldman Sachs International, Abu Dhabi Commercial Bank (ADCB), Citigroup Global Markets Limited, DBS Bank Ltd, Emirates NBD PJSC, Mashreq Bank PSC, Mizuho International PLC, and Société Générale.
Minimum Subscription Value
$200,000 and in increments of $1,000
Offering price
Subject to Market Conditions
Nominal Value
$200,000
Return
Subject to Market Conditions
Maturity
10 years, callable after 5 years
Terms of Redemption
The debt instruments may be redeemed prior to the scheduled record date in certain cases as detailed in the offering circular
For more news on listed companies
The debt instruments will be listed on the London Stock Exchange’s International Securities Market (ISM). It may only be sold under Regulation S of the US Securities Act of 1933, as amended.
The expected aforementioned offering end date is subject to market conditions.
SAB logo pictured, as it starts issuance of USD-denominated Tier 2 capital notes under its Medium-Term Note Program
Saudi Awwal Bank ( SAB) starts issuance of USD-denominated Tier 2 capital green notes under its medium-term note program, as of today, Aug. 27.
Issuance Details
Type
US dollar-denominated Tier 2 capital green notes under the medium-term note program
Offering Amount
Subject to market conditions
Start Date
Aug. 27, 2025
End Date
Aug. 28, 2025
Target Investors
Qualified investors locally and overseas
Issuance Manager
HSBC Bank, Goldman Sachs International, Abu Dhabi Commercial Bank (ADCB), Citigroup Global Markets Limited, DBS Bank Ltd, Emirates NBD PJSC, Mashreq Bank PSC, Mizuho International PLC, and Société Générale.
Minimum Subscription Value
$200,000 and in increments of $1,000
Offering price
Subject to Market Conditions
Nominal Value
$200,000
Return
Subject to Market Conditions
Maturity
10 years, callable after 5 years
Terms of Redemption
The debt instruments may be redeemed prior to the scheduled record date in certain cases as detailed in the offering circular
For more news on listed companies
The debt instruments will be listed on the London Stock Exchange’s International Securities Market (ISM). It may only be sold under Regulation S of the US Securities Act of 1933, as amended.
The expected aforementioned offering end date is subject to market conditions.
