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 Closure of the August 2019 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

8/22/2019
The Ministry of Finance announces that it has closed the August 2019 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 2.261 billion.
The Sukuk issuances were divided into three tranches as follows:
  • The first tranche has a size of SAR 1.415 billion, and a total tranche size of SAR 4.183 billion, matures in 2024.
  • The second tranche has a size of SAR 258 million, and a total tranche size of SAR 2.628 billion, matures in 2028.
  • The Third tranche has a size of SAR 588 million, and a total tranche size of SAR 9.109 billion, matures in 2034.




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Last Update : 8/22/2019 1:20 PM