Alinma Bank raises $ 500 million from sustainable sukuk offering
The Development Bank announced the end of its offering to the additional capital instruments from the first segment, sustainable in the US dollar, under the program of issuing additional capital instruments from the first segment. "Saudi Arabia trading"Settlement of the issuance of the sukuk on 03/11/1447 AH corresponding to 09/03/2025 AD. />
He pointed out that the sukuk is permanent, and it may be recovered after five and a half years, and it can be recovered before the date of entitlement in certain cases as detailed in the offering document related to the additional capital bond issuance program from the first chip. /> He explained that it is not permissible to sell the sukuk except according to the regulation "Regulation S" From the amended US Securities Law for 1933.
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