‎SAL starts SAR-denominated sukuk issuance

‎SAL starts SAR-denominated sukuk issuance ‎SAL starts SAR-denominated sukuk issuance

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SAL says terms, value of the sukuk will be determined based on market conditions

SAL Saudi Logistics Services (SAL) announced launching a SAR-denominated sukuk issuancein a private placement,under its SAR sukuk issuance program, according to a Tadawul statement.

The relevant terms and value will be determined later based on market conditions.

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Issue Highlights

Type

SAR-denominated sukuk in a private placement

Offering Value

Based on market conditions

Start Date

Jan. 13, 2026

End Date

Jan. 29, 2026

Target Investors

Institutional and qualified investors

Issuance Manager

J.P. Morgan Saudi Arabia and SNB Capital

Minimum Subscription

SAR 1 mln

Offering Price

Based on market conditions

Nominal Value

SAR 1 mln

Return

Based on market conditions

Maturity

To be determined based on market conditions, subject to early redemption as specified in the base offering circular and the applicable final terms relating to the sukuk.

Terms of Redemption

The company may redeem the sukuk, in certain events, before the expiry date as detailed in the base offering circular and the applicable final terms.

The company appointed J.P. Morgan Saudi Arabia and SNB Capital as arrangers and dealers for the purpose of the proposed offer.

The statement noted that the mentioned offer end date is provisional and subject to market conditions.

SAL will announce any relevant material developments, as required by the rules and regulations.

 

SAL says terms, value of the sukuk will be determined based on market conditions

SAL Saudi Logistics Services (SAL) announced launching a SAR-denominated sukuk issuancein a private placement,under its SAR sukuk issuance program, according to a Tadawul statement.

The relevant terms and value will be determined later based on market conditions.

Issue Highlights

Type

SAR-denominated sukuk in a private placement

Offering Value

Based on market conditions

Start Date

Jan. 13, 2026

End Date

Jan. 29, 2026

Target Investors

Institutional and qualified investors

Issuance Manager

J.P. Morgan Saudi Arabia and SNB Capital

Minimum Subscription

SAR 1 mln

Offering Price

Based on market conditions

Nominal Value

SAR 1 mln

Return

Based on market conditions

Maturity

To be determined based on market conditions, subject to early redemption as specified in the base offering circular and the applicable final terms relating to the sukuk.

Terms of Redemption

The company may redeem the sukuk, in certain events, before the expiry date as detailed in the base offering circular and the applicable final terms.

The company appointed J.P. Morgan Saudi Arabia and SNB Capital as arrangers and dealers for the purpose of the proposed offer.

The statement noted that the mentioned offer end date is provisional and subject to market conditions.

SAL will announce any relevant material developments, as required by the rules and regulations.

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