Finance Ministry: Closure of 7th local Sukuk offering under Saudi Arabian Government SAR-denominated Sukuk Program

Thursday 1439/11/13 - 2018/07/26
  • Share on Google+

Riyadh, Dhu-AlQa'dah 13, 1439, July 26, 2018, SPA -- The Ministry of Finance announced that it has closed the seventh (07-2018) domestic Sukuk issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 3.465 billion..
The Sukuk issuances were divided into three tranches as follows:
- The first tranche has a size of SAR 2.100 billion and matures in 2023G.
- The second tranche has a size of SAR 0.962 billion and matures in 2025G.
- The third tranche has a size of SAR 0.403 billion and matures in 2028G.
--SPA
11:54 LOCAL TIME 08:54 GMT
0003