Logo ofAl Rajhi Bank
Al Rajhi Bank started the issuance of dollar-denominated social additional tier 1 (AT1) capital sukuk, through a special purpose vehicle, to eligible investors locally and internationally, according to a Tadawul statement. 
The amount and terms of the offer will be determined subject to the market conditions, the bank said.
Details
Offer Type
US dollar-denominated social AT1 capital sukuk
Value
The amount and terms of the offer will be determined subject to the market conditions
Start Date
Jan. 7, 2026
End Date
Jan. 8, 2026
Target Investors
Eligible investors locally and internationally
Offer Managers
Al Rajhi Capital, Goldman Sachs International, HSBC, Morgan Stanley, Standard Chartered Bank, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, Mashreq, Nomura and Warba are joint lead managers, and Affin Bank is a co-manager
Minimum Subscription
$200,000 and in increments of $1,000 in excess thereof
Offer Price
Subject to market conditions
Par Value
$200,000
Return
Subject to market conditions
Maturity
Perpetual, callable after 5 years.
Terms of Redemption
The sukuk may be redeemed in certain cases as detailed in the offering circular in relation to the sukuk.
This announcement is not intended as an invitation or offer to purchase, acquire or subscribe to any securities and is subject to the terms and conditions of the sukuk.
The bank will announce any other relevant material developments in due course as required by the relevant rules and regulations.
The sukuk will be listed on the London Stock Exchange’s International Securities Market. They may be sold in reliance on Regulation S under the US Securities Act of 1933, as amended.
The offer end date referred to above is the expected date of the end of the offer, subject to market conditions.
Logo ofAl Rajhi Bank
Al Rajhi Bank started the issuance of dollar-denominated social additional tier 1 (AT1) capital sukuk, through a special purpose vehicle, to eligible investors locally and internationally, according to a Tadawul statement.
The amount and terms of the offer will be determined subject to the market conditions, the bank said.
Details
Offer Type
US dollar-denominated social AT1 capital sukuk
Value
The amount and terms of the offer will be determined subject to the market conditions
Start Date
Jan. 7, 2026
End Date
Jan. 8, 2026
Target Investors
Eligible investors locally and internationally
Offer Managers
Al Rajhi Capital, Goldman Sachs International, HSBC, Morgan Stanley, Standard Chartered Bank, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, Mashreq, Nomura and Warba are joint lead managers, and Affin Bank is a co-manager
Minimum Subscription
$200,000 and in increments of $1,000 in excess thereof
Offer Price
Subject to market conditions
Par Value
$200,000
Return
Subject to market conditions
Maturity
Perpetual, callable after 5 years.
Terms of Redemption
The sukuk may be redeemed in certain cases as detailed in the offering circular in relation to the sukuk.
This announcement is not intended as an invitation or offer to purchase, acquire or subscribe to any securities and is subject to the terms and conditions of the sukuk.
The bank will announce any other relevant material developments in due course as required by the relevant rules and regulations.
The sukuk will be listed on the London Stock Exchange’s International Securities Market. They may be sold in reliance on Regulation S under the US Securities Act of 1933, as amended.
The offer end date referred to above is the expected date of the end of the offer, subject to market conditions.
