Logo of Arab National Bank (ANB)
Arab National Bank (ANB) fully redeemed its $750 million fixed rate resettable Tier 2 sukuk due 2030, at face value (100% of issue price) at the end of year five (Oct. 28, 2025).
In a Tadawul statement, the bank said the financial impact of the sukuk redemption will take effect in the bank’s 2025 financials.
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Redemption Details |
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Issue Type |
International sukuk denominated in USD |
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Value of Redeemed Sukuk |
$750 mln |
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Redemption Percentage |
100% of total issue value |
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Number of Redeemed Sukuk |
3,750 (based on minimum denomination and total size) |
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Issue Date |
Oct. 28, 2020 |
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Redemption and Trading End Date |
Oct. 28, 2025 |
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Date of Depositing Amounts in Sukuk Holders Accounts |
Oct. 28, 2025 |
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