SAB logo pictured, as it completed issuance of $1.25 billion Tier 2 capital notes under its Medium-Term Note Program
Saudi Awwal Bank (SAB) announced today, Aug. 28, completing the issuance of USD-denominated Tier 2 capital green notes under its medium-term note program. 
For more news on listed companies
In a statement onTadawul, the bank said the total value of the offer is $1.25 billion, with an annual yield of 5.947%.
Issuance Details
Type
US dollar-denominated Tier 2 capital green notes underthe medium-term note program
Offering Amount
$1.25 bln
Target Investors
Qualified investors locally and overseas
Total Number of (Bonds/Sukuk)
6,250 (based on the minimum denomination and total issue size)
Nominal Value
$200,000
Return
5.947% annually
Maturity
10 years, refundable 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
Settlement Date
September 4, 2025
According to data available on Argaam, SAB started yesterday, Aug. 27, the issuance of USD-denominated Tier 2 capital green notes under its medium-term note program.
SAB logo pictured, as it completed issuance of $1.25 billion Tier 2 capital notes under its Medium-Term Note Program
Saudi Awwal Bank (SAB) announced today, Aug. 28, completing the issuance of USD-denominated Tier 2 capital green notes under its medium-term note program.
For more news on listed companies
In a statement onTadawul, the bank said the total value of the offer is $1.25 billion, with an annual yield of 5.947%.
Issuance Details
Type
US dollar-denominated Tier 2 capital green notes underthe medium-term note program
Offering Amount
$1.25 bln
Target Investors
Qualified investors locally and overseas
Total Number of (Bonds/Sukuk)
6,250 (based on the minimum denomination and total issue size)
Nominal Value
$200,000
Return
5.947% annually
Maturity
10 years, refundable 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
Settlement Date
September 4, 2025
According to data available on Argaam, SAB started yesterday, Aug. 27, the issuance of USD-denominated Tier 2 capital green notes under its medium-term note program.
