‎ANB fully redeems $750M sukuk due 2030

‎ANB fully redeems $750M sukuk due 2030 ‎ANB fully redeems $750M sukuk due 2030

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Logo ofArab National Bank (ANB)

Arab National Bank (ANB) fully redeemed its $750 million fixed rate resettable Tier 2 sukuk due 2030, at face value (100% of issue price) at the end of year five (Oct. 28, 2025).

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In a Tadawul statement, the bank said the financial impact of the sukuk redemption will take effect in the bank’s 2025 financials.

Redemption Details

Issue Type

International sukuk denominated in USD dollar

Value of Redeemed Sukuk

$750 mln

Redemption Percentage

100% of total issue value

Number of Redeemed Sukuk

3,750 (based on the minimum denomination and total size)

Issue Date

Oct. 28, 2020

Redemption and Trading End Date

Oct. 28, 2025

Date of Depositing Amounts in Sukuk Holders Accounts

Oct. 28, 2025

 

Logo ofArab National Bank (ANB)

Arab National Bank (ANB) fully redeemed its $750 million fixed rate resettable Tier 2 sukuk due 2030, at face value (100% of issue price) at the end of year five (Oct. 28, 2025).

In a Tadawul statement, the bank said the financial impact of the sukuk redemption will take effect in the bank’s 2025 financials.

Redemption Details

Issue Type

International sukuk denominated in USD dollar

Value of Redeemed Sukuk

$750 mln

Redemption Percentage

100% of total issue value

Number of Redeemed Sukuk

3,750 (based on the minimum denomination and total size)

Issue Date

Oct. 28, 2020

Redemption and Trading End Date

Oct. 28, 2025

Date of Depositing Amounts in Sukuk Holders Accounts

Oct. 28, 2025

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