Logo of Al Kathiri Holding Co.
Al Kathiri Holding Co. said that the yield on the first semi-annual distribution of its Sukuk Series 1 for the period ended Sept. 30, 2023, stood at SAR 4.34 million.
|
First Semi-Annual Sukuk Yield |
|
|
Total yield |
SAR 4.34 mln |
|
Number of eligible Sukuk |
100,000 |
|
Yield per each instrument |
SAR 43.44 |
|
Number of days in the coupon |
184 days |
|
Record date |
Sept. 18, 2023 |
|
Payment date |
Sept. 28, 2023 |
According to data compiled by Argaam, Al Kathiri issued the first series of SAR-denominated sukuk for individual and institutional investors in March, according to the following details:
|
Details of Sukuk |
|
|
Offering Type |
Public offering |
|
Status of Sukuk |
Senior/unsubordinated, unsecured |
|
Number of Sukuk Offered |
100,000 |
|
Issue Size |
SAR 100 mln |
|
Offer Price |
SAR 1,000 each |
|
Sukuk Yield |
8.50% per annum (Fixed rate, paid semi-annually) |
|
Maturity |
Five years from settlement date |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}