Closure of the February 2020 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

  • 2/5/2023
  • 06:53
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Riyadh, Feb 20, 2020, SPA -- The Ministry of Finance announces that it has closed the February 2020 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 4.496 billion. The Sukuk issuances were divided into two tranches as follows: - The first tranche has a size of SAR 508 million and a total tranche size of SAR 1.223 billion, matures in 2027. - The second tranche has a size of SAR 3.988 billion, and a total tranche size of SAR 3.988 billion, matures in 2035. --SPA 19:43 LOCAL TIME 16:43 GMT 0028 www.spa.gov.sa/w1270715

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