22 Hrs
Source:
الاقتصادية
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Source: الاقتصادية
22 Hrsالاقتصادية
Source: الاقتصادية
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AlJazira Bank today, Thursday, launched a one-day offering of riyal-denominated Tier 2 capital sukuk through a private placement to qualified investors in Saudi Arabia, under a SAR 3 billion program. The minimum subscription is SAR 1 million per sukuk. The sukuk have a maturity of up to 10 years, with the option of early redemption after five years or in certain specified circumstances. The price and return will be determined by market conditions. AlJazira Capital and Al Rajhi Capital are managing the offering.
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