‎Cenomi Centers fully redeems int’l sukuk maturing Oct. 7, 2026

‎Cenomi Centers fully redeems int’l sukuk maturing Oct. 7, 2026 ‎Cenomi Centers fully redeems int’l sukuk maturing Oct. 7, 2026

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Logo ofArabian Centres Co. (Cenomi Centers)

Arabian Centres Co. (Cenomi Centers) announced the full redemption of the remaining tranche of its international Sukuk maturing on Oct. 7, 2026.

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These instruments, listed on the International Stock Exchange and issued on April 7, 2021, have now been fully redeemed by the company, according to a statement to Tadawul today, Jan. 11.

Details

Item

Details

Offer Type

International USD-denominated Shariah-compliant sukuk

Ratio of Final Tranche to Total Issued

30.7%

Value of Redeemed Sukuk

$268.64 mln

Number of Redeemed Sukuk

Nearly 1,343 sukuk

Issue Date

April 7, 2021

Sukuk Par Value

$200,000

Total Issuance Value After Redemption

0

Date of Depositing Amounts in Sukukholders’ Accounts

Jan. 8, 2026

Entity Responsible for Deposit

HSBC Bank (paying agent)

According to Argaam’s data, the company announced in November 2025 a tender offer and consent solicitation on its existing $875 million trust certificates maturing in October 2026. Accordingly, it has tendered some of the outstanding trust certificates — representing the difference in the amount redeemed and the total issuance value.

As such, it has no outstanding trust certificates maturing in 2026.

 

Logo ofArabian Centres Co. (Cenomi Centers)

Arabian Centres Co. (Cenomi Centers) announced the full redemption of the remaining tranche of its international Sukuk maturing on Oct. 7, 2026.

These instruments, listed on the International Stock Exchange and issued on April 7, 2021, have now been fully redeemed by the company, according to a statement to Tadawul today, Jan. 11.

Details

Item

Details

Offer Type

International USD-denominated Shariah-compliant sukuk

Ratio of Final Tranche to Total Issued

30.7%

Value of Redeemed Sukuk

$268.64 mln

Number of Redeemed Sukuk

Nearly 1,343 sukuk

Issue Date

April 7, 2021

Sukuk Par Value

$200,000

Total Issuance Value After Redemption

0

Date of Depositing Amounts in Sukukholders’ Accounts

Jan. 8, 2026

Entity Responsible for Deposit

HSBC Bank (paying agent)

According to Argaam’s data, the company announced in November 2025 a tender offer and consent solicitation on its existing $875 million trust certificates maturing in October 2026. Accordingly, it has tendered some of the outstanding trust certificates — representing the difference in the amount redeemed and the total issuance value.

As such, it has no outstanding trust certificates maturing in 2026.

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