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

  • 2/5/2023
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Riyadh, August 22, 2019, SPA -- 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. -- SPA 09:47 LOCAL TIME 06:47 GMT 0001 www.spa.gov.sa/w1159368

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