Logo ofSaudi National Bank (SNB)
The Saudi National Bank (SNB) announced launching a USD-denominated Additional Tier 1 capital(AT1)notesoffering. 
In a statement to Tadawul, the bank said the final issuance value and terms will be determined based on market conditions.
Offering details
Type
USD-denominated Additional Tier 1 capital notes offering
Value
Based on market conditions
Start Date
Jan. 15, 2026
End Date
Jan. 16, 2026
Eligible Investors
Local and international qualified investors
Joint Lead Managers Bookrunners
Abu Dhabi Commercial Bank (ADCB), First Abu Dhabi Bank (FAB), Crédit Agricole Corporate and Investment Bank, DBS Bank Ltd, Emirates NBD Bank, Goldman Sachs International, HSBC Bank plc, Mashreqbank, SNB Capital, and Standard Chartered Bank
Minimum Subscription Limit
$200,000 (increments of $1,000)
Issue Price
Subject tomarket conditions
Par Value
$200,000
Return
Subject tomarket conditions
Maturity
Perpetual, callable after 5.5 years
Redemption Terms
The debt instruments may be redeemed in certain cases, as detailed in the offering circular of the AT1 issuance program
SNB stated that the notes will be listed on the London Stock Exchange’s International Securities Market (ISM) and offered under Regulation S of the US Securities Act of 1933, as amended.
The bank added that the stated closing date is indicative and subject to market conditions.
Logo ofSaudi National Bank (SNB)
The Saudi National Bank (SNB) announced launching a USD-denominated Additional Tier 1 capital(AT1)notesoffering.
In a statement to Tadawul, the bank said the final issuance value and terms will be determined based on market conditions.
Offering details
Type
USD-denominated Additional Tier 1 capital notes offering
Value
Based on market conditions
Start Date
Jan. 15, 2026
End Date
Jan. 16, 2026
Eligible Investors
Local and international qualified investors
Joint Lead Managers Bookrunners
Abu Dhabi Commercial Bank (ADCB), First Abu Dhabi Bank (FAB), Crédit Agricole Corporate and Investment Bank, DBS Bank Ltd, Emirates NBD Bank, Goldman Sachs International, HSBC Bank plc, Mashreqbank, SNB Capital, and Standard Chartered Bank
Minimum Subscription Limit
$200,000 (increments of $1,000)
Issue Price
Subject tomarket conditions
Par Value
$200,000
Return
Subject tomarket conditions
Maturity
Perpetual, callable after 5.5 years
Redemption Terms
The debt instruments may be redeemed in certain cases, as detailed in the offering circular of the AT1 issuance program
SNB stated that the notes will be listed on the London Stock Exchange’s International Securities Market (ISM) and offered under Regulation S of the US Securities Act of 1933, as amended.
The bank added that the stated closing date is indicative and subject to market conditions.
