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 Closure Announcement of the (10-2018) issuance under the Saudi Arabian Government SAR-Denominated Sukuk Program

12/30/2018
The Ministry of Finance announces that it has completed a tap issuance of the (10-2018) issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The tap issuance size was set at SAR 1.285 Billion. This brings the total amount of the (10-2018) issuance to SAR 6.535 Billion.
 
The Sukuk issued were divided into three tranches as follows:
    -  The first tranche has a size of SAR 2.730 billion and matures in 2023.
    -  The second tranche has a size of SAR 1.435 billion and matures in 2025.
    -  The third tranche has a size of SAR 2.370 billion and matures in 2028.



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Last Update : 12/30/2018 4:25 PM