‎Bank AlJazira launches USD AT1 capital certificate sale

‎Bank AlJazira launches USD AT1 capital certificate sale ‎Bank AlJazira launches USD AT1 capital certificate sale

​‎

The certificates will be listed on the London Stock Exchange and may be sold in reliance on Regulation S under the US Securities Act of 1933

Bank AlJazira started the issuance of USD-denominated additional Tier 1 (AT1) certificates, through a special purpose vehicle (SPV), via an offering to eligible investors inside and outside Saudi Arabia, under its USD 1.5 billion AT1 Capital Certificate Issuance Program.

Advertisement

According to a statement toTadawul, the amount and terms of offer of the certificates will be determined subject to market conditions.

Offering Details

Issuance Type

USD-denominated additional Tier 1 (AT1) certificates

Offering Value

To be determined based on market conditions.

Offering Start Date

June 17, 2026

Offering End Date

June 18, 2026

Targeted Class of Investors

Eligible investors in the Kingdom of Saudi Arabia and internationally

Issuance Manager

Abu Dhabi Commercial Bank, AlJazira Capital, Arqaam Capital, ICBC Capital, Citigroup, Emirates NBD, First Abu Dhabi Bank, Goldman Sachs, J.P. Morgan Securities, and Standard Chartered as joint lead managers for the offering

Minimum Subscription

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

Offer Price

To be determined subject to market conditions

Par Value

$200,000

Return

To be determined subject to market conditions

Maturity

Perpetual, callable after 5 years

Terms of Redemption

The certificates may be redeemed in certain cases as detailed in the base offering circular dated Sept. 4, 2025 (as supplemented by the first supplement dated June 5, 2026 in relation to the certificates

The bank emphasized that the announcement does not constitute an invitation or offer to purchase, acquire, or subscribe to any securities, and remains subject to the terms and conditions of the certificate issuance. It also stated that any material developments will be disclosed to shareholders in due course.

The certificates will be listed on the London Stock Exchange’s International Securities Market and may be sold in reliance on Regulation S under the US Securities Act of 1933, as amended.

The offering end date referred to above is the expected date of the end of the offering, subject to market conditions.

 

The certificates will be listed on the London Stock Exchange and may be sold in reliance on Regulation S under the US Securities Act of 1933

Bank AlJazira started the issuance of USD-denominated additional Tier 1 (AT1) certificates, through a special purpose vehicle (SPV), via an offering to eligible investors inside and outside Saudi Arabia, under its USD 1.5 billion AT1 Capital Certificate Issuance Program.

According to a statement toTadawul, the amount and terms of offer of the certificates will be determined subject to market conditions.

Offering Details

Issuance Type

USD-denominated additional Tier 1 (AT1) certificates

Offering Value

To be determined based on market conditions.

Offering Start Date

June 17, 2026

Offering End Date

June 18, 2026

Targeted Class of Investors

Eligible investors in the Kingdom of Saudi Arabia and internationally

Issuance Manager

Abu Dhabi Commercial Bank, AlJazira Capital, Arqaam Capital, ICBC Capital, Citigroup, Emirates NBD, First Abu Dhabi Bank, Goldman Sachs, J.P. Morgan Securities, and Standard Chartered as joint lead managers for the offering

Minimum Subscription

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

Offer Price

To be determined subject to market conditions

Par Value

$200,000

Return

To be determined subject to market conditions

Maturity

Perpetual, callable after 5 years

Terms of Redemption

The certificates may be redeemed in certain cases as detailed in the base offering circular dated Sept. 4, 2025 (as supplemented by the first supplement dated June 5, 2026 in relation to the certificates

The bank emphasized that the announcement does not constitute an invitation or offer to purchase, acquire, or subscribe to any securities, and remains subject to the terms and conditions of the certificate issuance. It also stated that any material developments will be disclosed to shareholders in due course.

The certificates will be listed on the London Stock Exchange’s International Securities Market and may be sold in reliance on Regulation S under the US Securities Act of 1933, as amended.

The offering end date referred to above is the expected date of the end of the offering, subject to market conditions.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement