Banque Saudi Fransi Announces the Commencement of its Offer of U.S. Dollar-denominated Certificates under the Trust Certificate Issuance Programme.

Banque Saudi Fransi Announces the Commencement of its Offer of U.S. Dollar-denominated Certificates under the Trust Certificate Issuance Programme.

Element List

Explanation

Introduction

Reference to the announcement from Banque Saudi Fransi (the “Bank”) published on the website of the Saudi Stock Exchange (Tadawul) on 05/07/1445H (corresponding to 17/01/2024G) regarding its intention to issue U.S. Dollar-denominated Certificates under the Trust Certificate Issuance Programme (the “Certificates”) through a special purpose and by way of an offer to eligible investors in the Kingdom of Saudi Arabia and internationally, the Bank would like to announce the commencement of the offer of the Certificates.

Offer Type

U.S. Dollar-denominated Certificates under the Trust Certificate Issuance Programme.

Value of the offer

The amount and terms of offer of the Certificates will be determined subject to market conditions.

Offering start Date

2024-01-18 Corresponding to 1445-07-06

Offering end Date

2024-01-19 Corresponding to 1445-07-07

The targeted class of the issuance

Eligible investors in the Kingdom of Saudi Arabia and internationally

Name of Issuance Manager

The Bank has mandated Citigroup Global Markets Limited, Emirates NBD Bank P.J.S.C., HSBC Bank plc, Merrill Lynch International, Mizuho International plc and Saudi Fransi Capital as joint lead managers.

Minimum Subscription

USD 200,000 and in increments of