Closure of the February 2020 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

Thursday 1441/6/26 - 2020/02/20
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Riyadh, Feb 20, 2020, SPA -- The Ministry of Finance announces that it has closed the February 2020 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 4.496 billion.
The Sukuk issuances were divided into two tranches as follows:
- The first tranche has a size of SAR 508 million and a total tranche size of SAR 1.223 billion, matures in 2027.
- The second tranche has a size of SAR 3.988 billion, and a total tranche size of SAR 3.988 billion, matures in 2035.
--SPA
19:43 LOCAL TIME 16:43 GMT
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