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Thursday 21/06/2018
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Tap offering for the First time under the Saudi Arabian Government SAR-denominated Sukuk Program - sixth local Sukuk Issuance
The Ministry of Finance announces that it has completed a tap issuance of the 2018-04 issuance for the First time under the Saudi Arabian Government SAR-denominated Sukuk Program. The tap issuance size was set at SAR3.950 Billion. This brings the total amount of the 2018-04 issuance to SAR 8.950 Billion.
 
The further Sukuk issued were divided into three tranches as follows:
    -  The first tranche has a size of SAR 3.350 billion and matures in 2023.
    -  The second tranche has a size of SAR 0.350 billion and matures in 2025.
    -  The third tranche has a size of SAR 0.250 billion and matures in 2028.



Last Update : 5/23/2018 12:00 AM