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

  • 2/25/2023
  • 12:17
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Riyadh, Apr 25, 2019, SPA -- The Ministry of Finance announced that it has closed the April 2019 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 11,619 billion. The Sukuk issuances were divided into four tranches as follows: - The first tranche has a size of SAR 0.768 billion, and a total tranche size of SAR 2.768 billion, matures in 2024. - The second tranche has a size of SAR 0.918 billion, and a total tranche size of SAR 2,043 billion, matures in 2028. - The third tranche has a size of SAR 0.686 billion, and a total tranche size of SAR 4.366 billion, matures in 2034. - The fourth tranche has a size of SAR 9.247 billion and matures in 2049. --SPA 23:05 LOCAL TIME 20:05 GMT 0038 www.spa.gov.sa/w1091892

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