Logo of Raya Financing Co.
Raya Financing Co. set the date for its first sukuk issuance on the Main Market (TASI), Impact46, the financial advisor and sole arranger, said.
|
Issuance type |
AT1 sukuk |
|
Offering type |
Public offering |
|
Tradability |
Tradable on TASI |
|
Issuance size |
Based on demand level and market conditions |
|
Offering start date |
Feb. 8, 2026 |
|
Offering end date |
Feb. 12, 2026 |
|
Financial Advisor and Sole Arranger |
Impact46 |
|
Receiving Agents |
SNB Capital – Al Rajhi Capital – AlJazira Capital – Yaqeen Capital – Alkhabeer Capital – Derayah Financial – BSF Capital – Arat Capital – Alistithmar Capital – Albilad Capital – Sukuk Capital – Musharaka Capital – ANB Capital – Riyad Capital – Alinma Capital – EFG Hermes – SAB Invest
|
|
Minimum Subscription Limit |
SAR 1,000 |
|
Nominal Value |
SAR 1,000 |
|
Return |
Payable quarterly at 8.5% |
|
Zakat treatment |
Deductible capital |
According to Argaam data, Raya Financing recently announced the prospectus for a additional Tier 1 capital sukuk program with a nominal value of SAR 500 million, to be issued through multiple tranches.
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