Al Rajhi Bank announces its intention to issue U.S. Dollar denominated sustainable Sukuk under its international Sukuk programme

Al Rajhi Bank announces its intention to issue U.S. Dollar denominated sustainable Sukuk under its international Sukuk programme

Introduction

Al Rajhi Bank (the “Bank”) announces its intention to issue U.S. Dollar denominated sustainable Sukuk (the “Sukuk”) under its international Sukuk programme (the “Programme”) updated by it on 10/11/1444H (corresponding to 30/05/2023). The offer is expected to be through a special purpose vehicle and by way of an offer to eligible investors in the Kingdom of Saudi Arabia and internationally (the “Proposed Offer”). The Bank has mandated Al Rajhi Capital Company, Abu Dhabi Commercial Bank PJSC, Abu Dhabi Islamic Bank PJSC, Citigroup Global Markets Limited, Dubai Islamic Bank P.J.S.C., Emirates NBD Capital Limited, First Abu Dhabi Bank PJSC, Goldman Sachs International, HSBC Bank plc, KFH Capital Investment Company K.S.C.C., SMBC Capital Markets Limited, Société Générale and Standard Chartered Bank as Joint Lead Managers & Bookrunners in relation to the Proposed Offer.

Al Rajhi Bank announces its intention to issue U.S. Dollar denominated sustainable Sukuk under its international Sukuk programme