Alinma Bank starts to issue AT1 USD-denominated sukuk

27/08/2025 Argaam
Logo ofAlinma Bank

Logo of Alinma Bank

Alinma Bank said it started today, Aug. 27, to issue USD-denominated additional Tier 1 (AT1) sustainable sukuk, according to a statement to Tadawul.

 

Issuance Details

Type

USD-denominated AT1 sustainable sukuk under its AT1 capital certificate issuance program

Offering Value

Subject to market conditions

Start Date

Aug. 27, 2025

End Date

Aug. 28, 2025 (expected date as per market conditions)

Target Investors

Qualified investors locally and overseas

Issuance Manager

Abu Dhabi Islamic Bank PJSC, Alinma Capital, Dubai Islamic Bank PJSC, Emirates NBD PJSC, Goldman Sachs International, J.P. Morgan Securities plc and Standard Chartered Bank

Minimum Subscription Value


$200,000 with increments of $1,000 in excess thereof

Offering Price

Subject to market conditions

Nominal Value

$200,000

Return

Subject to market conditions

Maturity

Perpetual, callable after 5.5 years

Redemption Terms​

The debt instruments may be redeemed prior to the scheduled record date in certain cases, as detailed in the offering circular
 

The sukuk will be listed on the International Securities Market of the London Stock Exchange plc. They may only be sold in reliance on Regulation S under the amended Securities Act of 1933.

 

For more news on listed companies

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.