Logo ofBanque Saudi Fransi (BSF)
The sukuk will be settled on May 7, 2025, the bank said in a filing to Tadawul.
Details
Offer Type
US dollar-denominated additional Tier 1 sukuk under its Additional Tier 1 Capital Note Programme
Offer Value
$650 mln
Total No. of Sukuk
3,250 (based on minimum denomination and total issue size)
Nominal Value
$200,000
Return
6.37% annually
Maturity
Perpetual, callable after six years
Terms of Redemption
Sukuk may be redeemed prior to the maturity date under specific conditions outlined in the Base Offering Circular in relation to the Additional Tier 1 Capital Note Programme
The sukuk will be listed on the International Securities Market of the London Stock Exchange plc. They may only be sold in accordance with Regulation S under the US Securities Act of 1933, as amended.
Logo ofBanque Saudi Fransi (BSF)
The sukuk will be settled on May 7, 2025, the bank said in a filing to Tadawul.
Details
Offer Type
US dollar-denominated additional Tier 1 sukuk under its Additional Tier 1 Capital Note Programme
Offer Value
$650 mln
Total No. of Sukuk
3,250 (based on minimum denomination and total issue size)
Nominal Value
$200,000
Return
6.37% annually
Maturity
Perpetual, callable after six years
Terms of Redemption
Sukuk may be redeemed prior to the maturity date under specific conditions outlined in the Base Offering Circular in relation to the Additional Tier 1 Capital Note Programme
The sukuk will be listed on the International Securities Market of the London Stock Exchange plc. They may only be sold in accordance with Regulation S under the US Securities Act of 1933, as amended.