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

  • 2/10/2023
  • 07:55
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Riyadh, October 25, 2020, SPA -- The National Debt Management Center announces that it has closed the October 2020 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 270 million (two hundred and seventy million SAR). The Sukuk issuances were divided into two tranches as follows: The first tranche has a size of SAR 235 million (two hundred and thirty five million SAR) and a total tranche size of SAR 782.8 million (seven hundred and eighty two million and eight hundred thousand SAR), matures in 2027. The second tranche has a size of SAR 35 million (thirty five million SAR), and a total tranche size of SAR 7,650 billion (seven billion and six hundred and fifty million SAR), matures in 2032. --SPA 10:41 LOCAL TIME 07:41 GMT 0006 www.spa.gov.sa/w1435176

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