Logo ofRiyad Bank
Riyad Bankannounced the full redemption of its $1.5 billion fixed rate reset international Tier 2 sukuk due 2030, at face value, at the end of the fifth year on Feb. 25. 
Details of Redeemed Sukuk
Type
US-dollar denominatedinternational Tier 2 sukuk
Value
$1.5 bln
Redemption Ratio
100%
Total Number of Sukuk
7,500(based on the minimum denomination and total size)
Issue Date
Feb. 25, 2020
Trading End Date
Redemption date (Feb. 25, 2025)
Nominal Value per Sak at Redemption
$200,000
Date of Depositing the Amounts
in the Sukuk Holders Accounts
Feb. 25, 2025
Logo ofRiyad Bank
Riyad Bankannounced the full redemption of its $1.5 billion fixed rate reset international Tier 2 sukuk due 2030, at face value, at the end of the fifth year on Feb. 25.
Details of Redeemed Sukuk
Type
US-dollar denominatedinternational Tier 2 sukuk
Value
$1.5 bln
Redemption Ratio
100%
Total Number of Sukuk
7,500(based on the minimum denomination and total size)
Issue Date
Feb. 25, 2020
Trading End Date
Redemption date (Feb. 25, 2025)
Nominal Value per Sak at Redemption
$200,000
Date of Depositing the Amounts
in the Sukuk Holders Accounts
Feb. 25, 2025
