Logo ofCenomi Centers
Cenomi Centersannounced its intention to issue and offer SAR-denominated sukuk under an issuance program, according to a statement to Tadawul. 
The company mandated Al Rajhi Capital as financial advisor, sole arranger and dealer for the purpose of establishing the program.
The issuance amount will be determined at later based on market conditions at that time.
The planned sukuk issuance is intended to serve the company’s general corporate purposes, in addition to meeting its financial and strategic needs, including the refinancing of certain existing obligations.
Cenomi Centers stressed the importance of carefully and thoroughly reviewing base prospectus before making any investment decision regarding any sukuk offering. This announcement does not constitute an invitation, offer, or solicitation to purchase, acquire, or subscribe for any securities. Any material developments will be disclosed in due course in accordance with applicable laws and regulations.
Prior to the offering period, the company may conduct roadshows and investor meetings targeting selected categories of investors to gauge interest and assess market demand for the sukuk issuance.
According to data available by Argaam, Cenomi Centers announced last Thursday the base prospectus for a sukuk issuance program amounting to SAR 4.5 billion. The Capital Market Authority (CMA) approved, on Sept. 16, Cenomi Centers’ request to register and publicly offer debt instruments under an issuance program worth up to SAR 4.5 billion.
Logo ofCenomi Centers
Cenomi Centersannounced its intention to issue and offer SAR-denominated sukuk under an issuance program, according to a statement to Tadawul.
The company mandated Al Rajhi Capital as financial advisor, sole arranger and dealer for the purpose of establishing the program.
The issuance amount will be determined at later based on market conditions at that time.
The planned sukuk issuance is intended to serve the company’s general corporate purposes, in addition to meeting its financial and strategic needs, including the refinancing of certain existing obligations.
Cenomi Centers stressed the importance of carefully and thoroughly reviewing base prospectus before making any investment decision regarding any sukuk offering. This announcement does not constitute an invitation, offer, or solicitation to purchase, acquire, or subscribe for any securities. Any material developments will be disclosed in due course in accordance with applicable laws and regulations.
Prior to the offering period, the company may conduct roadshows and investor meetings targeting selected categories of investors to gauge interest and assess market demand for the sukuk issuance.
According to data available by Argaam, Cenomi Centers announced last Thursday the base prospectus for a sukuk issuance program amounting to SAR 4.5 billion. The Capital Market Authority (CMA) approved, on Sept. 16, Cenomi Centers’ request to register and publicly offer debt instruments under an issuance program worth up to SAR 4.5 billion.
