MOF Announces Closure of (07-2018) Issuance Under Saudi Arabian Government SARSource: www.export-egypt.com 9/3/2018, Location: Middle East |
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The Ministry of Finance announces that it has completed a tap issuance of the (07-2018) issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The tap issuance size was set at SAR 4.000 Billion. This brings the total amount of the (07-2018) issuance to SAR 7.465 Billion.
The Sukuk issued were divided into three tranches as follows: The first tranche has a size of SAR 2.250 billion and matures in 2023. The second tranche has a size of SAR 0.500 billion and matures in 2025. The third tranche has a size of SAR 1.250 billion and matures in 2028. |
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