Almarai expects to settlesukukon Sept. 24
Almarai Co.completed the issuance of US dollar-denominated additional Tier 1 sukuk worth $500 million, under its $2 billion Trust Certificate Issuance Program, according to a statement toTadawul. 
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The offering is expected to be settled on Sept. 24.
Details
Offer Type
USD-denominated AT1 sukuk
Offer Value
$500 mln
Total No. of Sukuk/Bonds
2,500
Nominal Value
$200,000
Return
4.45% annually, payable semiannually starting from the settlement date set for Sept. 24.
Maturity
5 years
Terms of Redemption
May be redeemed prior to maturity under certain conditions, as detailed in the base prospectus dated Sept. 15, 2025, regarding accompanying pricing supplement.
The sukuk will be listedon Ireland’s Euronext Dublin.They may only be sold in reliance on Regulation S under the amended Securities Act of 1933.
Almarai expects to settlesukukon Sept. 24
Almarai Co.completed the issuance of US dollar-denominated additional Tier 1 sukuk worth $500 million, under its $2 billion Trust Certificate Issuance Program, according to a statement toTadawul.
For more news on listed companies
The offering is expected to be settled on Sept. 24.
Details
Offer Type
USD-denominated AT1 sukuk
Offer Value
$500 mln
Total No. of Sukuk/Bonds
2,500
Nominal Value
$200,000
Return
4.45% annually, payable semiannually starting from the settlement date set for Sept. 24.
Maturity
5 years
Terms of Redemption
May be redeemed prior to maturity under certain conditions, as detailed in the base prospectus dated Sept. 15, 2025, regarding accompanying pricing supplement.
The sukuk will be listedon Ireland’s Euronext Dublin.They may only be sold in reliance on Regulation S under the amended Securities Act of 1933.
