‎Alinma Bank starts to issue AT1 USD-denominated sukuk

‎Alinma Bank starts to issue AT1 USD-denominated sukuk ‎Alinma Bank starts to issue AT1 USD-denominated sukuk

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Logo ofAlinma Bank

Alinma Bank said it started today, Aug. 27, to issue US dollar-denominated additional Tier 1 (AT1) sustainable sukuk, according to a statement to Tadawul.

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Issuance Details

Type

US dollar-denominated AT1 sustainable sukuk under its AT1 capital certificate issuance program

Offering Amount

Subject to market conditions

Start Date

Aug. 27, 2025

End Date

Aug. 28, 2025 (expected date according to market conditions)

Target Investors

Qualified investors locally and overseas

Issuance Manager

Abu Dhabi Islamic Bank PJSC, Alinma Capital, Dubai Islamic Bank PJSC, Emirates NBD PJSC, Goldman Sachs International, J.P. Morgan Securities plc and Standard Chartered Bank

Minimum Subscription Value

$200,000 with increments of $1,000 in excess thereof

Offering price

Subject to market conditions

Nominal Value

$200,000

Return

Subject to market conditions

Maturity

Perpetual, callable after 5.5 years

Terms of Redemption

The debt instruments may be redeemed prior to the scheduled record date in certain cases as detailed in the offering circular

The sukuk will be listed on the International Securities Market of the London Stock Exchange plc. They may only be sold in reliance on Regulation S under the Securities Act of 1933, as amended.

For more news on listed companies

 

Logo ofAlinma Bank

Alinma Bank said it started today, Aug. 27, to issue US dollar-denominated additional Tier 1 (AT1) sustainable sukuk, according to a statement to Tadawul.

Issuance Details

Type

US dollar-denominated AT1 sustainable sukuk under its AT1 capital certificate issuance program

Offering Amount

Subject to market conditions

Start Date

Aug. 27, 2025

End Date

Aug. 28, 2025 (expected date according to market conditions)

Target Investors

Qualified investors locally and overseas

Issuance Manager

Abu Dhabi Islamic Bank PJSC, Alinma Capital, Dubai Islamic Bank PJSC, Emirates NBD PJSC, Goldman Sachs International, J.P. Morgan Securities plc and Standard Chartered Bank

Minimum Subscription Value

$200,000 with increments of $1,000 in excess thereof

Offering price

Subject to market conditions

Nominal Value

$200,000

Return

Subject to market conditions

Maturity

Perpetual, callable after 5.5 years

Terms of Redemption

The debt instruments may be redeemed prior to the scheduled record date in certain cases as detailed in the offering circular

The sukuk will be listed on the International Securities Market of the London Stock Exchange plc. They may only be sold in reliance on Regulation S under the Securities Act of 1933, as amended.

For more news on listed companies

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