AI Summary
Logo of Al Kathiri Holding Co.
Al Kathiri Holding Co. announced the sixth semi-annual distribution of sukuk yields for the period ended March 30, 2026.
|
Sixth Distribution of Semi-Annual Sukuk Yields |
|
|
Total Yields |
SAR 4.27 mln |
|
Number of Eligible Sukuk |
100,000 |
|
Yield per Instrument |
SAR 42.74 |
|
No. of Days Until the Coupon |
181 days |
|
Record Date |
March 30, 2026, including shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day following the record date |
|
Payment Date |
Within a maximum period of 5 business days |
According to data compiled by Argaam, Al Kathiri issued the first series of SAR-denominated sukuk in March 2023, according to the following details:
|
Details of Sukuk |
|
|
Offering Type |
Public offering |
|
Status of Sukuk |
Senior/unsubordinated, unsecured |
|
No. of Sukuk Offered |
100,000 |
|
Issue Value |
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 |
Be the first to comment
Comments Analysis: