‎Edaa deposits Riyad Bank additional T1 – 2026 capital sukuk

‎Edaa deposits Riyad Bank additional T1 – 2026 capital sukuk ‎Edaa deposits Riyad Bank additional T1 – 2026 capital sukuk

​‎

Logo ofRiyad Bank

The Securities Depository Center Company (Edaa) announced the deposit of the subscribed securities of Riyad Bank’s Additional Tier 1 – 2026 Capital Sukuk today, Aug. 18, into the accounts of eligible securities holders at the center.

Advertisement

According to data available with Argaam, Riyad Bank recently completed the offering and subscription of SAR-denominated Additional Tier 1 Capital Sukuk, after increasing the issue size to SAR 10 billion from an initial SAR 5 billion.

Total subscription orders amounted to SAR 13.59 billion, with a coverage of more than 2.7 times the initial issue size.

 

Logo ofRiyad Bank

The Securities Depository Center Company (Edaa) announced the deposit of the subscribed securities of Riyad Bank’s Additional Tier 1 – 2026 Capital Sukuk today, Aug. 18, into the accounts of eligible securities holders at the center.

According to data available with Argaam, Riyad Bank recently completed the offering and subscription of SAR-denominated Additional Tier 1 Capital Sukuk, after increasing the issue size to SAR 10 billion from an initial SAR 5 billion.

Total subscription orders amounted to SAR 13.59 billion, with a coverage of more than 2.7 times the initial issue size.

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Your email address will not be published.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