Bank Albiladheadquarters
Bank Albiladcompleted the issuance of a US dollar-denominated additional Tier 1 sukuk issuance. 
Details
Offer Type
US dollar-denominated additional Tier 1 green sukuk
Offer Value
$650 mln
Total No. of Sukuk
3,250 (based on minimum denomination and total issue size)
Nominal Value
$200,000
Return
6.50% annually
Maturity
Perpetual (without a fixed or final redemption date)
Terms of Redemption
May be subject to early redemption under certain circumstances, as detailed in the base prospectus, the supplementary prospectus, and the applicable final terms of the sukuk.
The sukuk will be settled on May 22, 2025, the bank said in a statement toTadawul.
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Bank Albiladheadquarters
Bank Albiladcompleted the issuance of a US dollar-denominated additional Tier 1 sukuk issuance.
Details
Offer Type
US dollar-denominated additional Tier 1 green sukuk
Offer Value
$650 mln
Total No. of Sukuk
3,250 (based on minimum denomination and total issue size)
Nominal Value
$200,000
Return
6.50% annually
Maturity
Perpetual (without a fixed or final redemption date)
Terms of Redemption
May be subject to early redemption under certain circumstances, as detailed in the base prospectus, the supplementary prospectus, and the applicable final terms of the sukuk.
The sukuk will be settled on May 22, 2025, the bank said in a statement toTadawul.
