Saudi Arabian Mining Co. (Maaden)headquarters
Saudi Arabian Mining Co. (Maaden) completed the issuance of $1 billion in USD-denominated sukuk, offeredto qualified investors inside and outside Saudi Arabia, according to a statement toTadawul.
Beloware details of thesukuk issuance:
Issuance Type
US dollar-denominated sukuk
Offering Size
$1bln
Sukuk Total No.
5,000
Par Value
$200,000
Return
$5.250% pa
Maturity
10 years
Redeem Conditions
The sukuk may be redeemed in certain cases, as detailed in the relevant offering document.
The sukuk will be listed on the International Securities Market of the London Stock Exchange and may only be sold as per Regulation S under the US Securities Act of 1933, as amended.
According to Argaam data, Maaden announced, on Jan. 22, the launch of a US dollar-denominated sukuk issuance under its international sukuk program.
Saudi Arabian Mining Co. (Maaden)headquarters
Saudi Arabian Mining Co. (Maaden) completed the issuance of $1 billion in USD-denominated sukuk, offeredto qualified investors inside and outside Saudi Arabia, according to a statement toTadawul.
Beloware details of thesukuk issuance:
Issuance Type
US dollar-denominated sukuk
Offering Size
$1bln
Sukuk Total No.
5,000
Par Value
$200,000
Return
$5.250% pa
Maturity
10 years
Redeem Conditions
The sukuk may be redeemed in certain cases, as detailed in the relevant offering document.
The sukuk will be listed on the International Securities Market of the London Stock Exchange and may only be sold as per Regulation S under the US Securities Act of 1933, as amended.
According to Argaam data, Maaden announced, on Jan. 22, the launch of a US dollar-denominated sukuk issuance under its international sukuk program.

