‎Alinma Bank launches US dollar-denominated Tier 2 sukuk

Alinma Bank started the issuance of US dollar-denominated Tier 2 sukuk through a special purpose vehicle and by way of an offer to eligible investors in Saudi Arabia and internationally.

The value and terms of the offer will be determined subject to market conditions, the bank said in a Tadawul statement, today, Nov. 4.

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Details

Type

USD-denominated Tier 2 sukuk through the Trust Certificate Issuance Program

Value

Based on market conditions

Start Date

Nov. 4, 2025

End Date

Nov. 5, 2025

Eligible Investors

Local and international qualified investors

Joint Lead Managers

Alinma Capital, ASB Capital Ltd, Citigroup Global Markets Ltd, DBS Bank Ltd, Goldman Sachs International, J.P. Morgan Securities plc and Standard Chartered Bank

Minimum SubscriptionLimit

$200,000, with increments of $1,000

IssuePrice

To be determined based on market conditions

Par Value

$200,000

Return

To be determined based on market conditions

Maturity

10 years, callable after 5 years

Redemption Terms

The sukuk may be redeemed under certain circumstances as detailed in the sukuk offering document

The sukuk will be listed on the International Securities Market of the London Stock Exchange plc, the bank said, adding that the sukuk may only be sold as per Regulation S under the Securities Act of 1933, as amended.

The abovementioned closing date is indicative and subject to market conditions.

According to Argaam data, the bank announced on Nov. 3 plans to issue US dollar-denominated Tier 2 sukuk, through the Trust Certificate Issuance Program, for general banking purposes.

Alinma Bank started the issuance of US dollar-denominated Tier 2 sukuk through a special purpose vehicle and by way of an offer to eligible investors in Saudi Arabia and internationally.

The value and terms of the offer will be determined subject to market conditions, the bank said in a Tadawul statement, today, Nov. 4.

Item

Details

Type

USD-denominated Tier 2 sukuk through the Trust Certificate Issuance Program

Value

Based on market conditions

Start Date

Nov. 4, 2025

End Date

Nov. 5, 2025

Eligible Investors

Local and international qualified investors

Joint Lead Managers

Alinma Capital, ASB Capital Ltd, Citigroup Global Markets Ltd, DBS Bank Ltd, Goldman Sachs International, J.P. Morgan Securities plc and Standard Chartered Bank

Minimum SubscriptionLimit

$200,000, with increments of $1,000

IssuePrice

To be determined based on market conditions

Par Value

$200,000

Return

To be determined based on market conditions

Maturity

10 years, callable after 5 years

Redemption Terms

The sukuk may be redeemed under certain circumstances as detailed in the sukuk offering document

The sukuk will be listed on the International Securities Market of the London Stock Exchange plc, the bank said, adding that the sukuk may only be sold as per Regulation S under the Securities Act of 1933, as amended.

The abovementioned closing date is indicative and subject to market conditions.

According to Argaam data, the bank announced on Nov. 3 plans to issue US dollar-denominated Tier 2 sukuk, through the Trust Certificate Issuance Program, for general banking purposes.