Riyadh, January 27, 2021, SPA -- The National Debt Management Center has announced the receipt of subscriptions from investors for its eighth international issuance under the Kingdom of Saudi Arabia’s Global Medium-Term Note Programme. The issuance was more than 4 times oversubscribed, with total orders amounting to more than USD 22 billion. The Kingdom will issue a total of USD 5 billion (equivalent to SAR 18.75 billion), consisting of two tranches as follows: USD 2.75 billion (equivalent to SAR 10.3 billion) for 12 year notes maturing 2033, USD 2.25 billion (equivalent to SAR 8.4 billion) for 40 year notes maturing 2061. --SPA 15:45 LOCAL TIME 12:45 GMT 0014 www.spa.gov.sa/w1493640