SAIB plans to redeem SAR 500 mln outstanding Tier 1 capital sukuk
- Date: 20-Oct-2021
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
SAIB plans to redeem SAR 500 mln outstanding Tier 1 capital sukuk
Saudi Investment Bank (SAIB) is planning to redeem its SAR 500 million Additional Tier 1 Capital Sukuk on the first call date, Nov. 21, 2021, at face value, the lender said in a statement to Tadawul.