Page 110 - SGH REPORT - FEBRUARY 2024

2/14/24, 4:40 PM Saudi Middle East Healthcare Co begins sale of riyal-denominated sukuk at 7.20%
The Islamic bonds will be issued under the company's SAR1.5 billion debt programme,
which the kingdom's Capital Market Authority had approved late last year, the company

had said in an earlier statement.

The sukuk will be issued in denominations of SAR1,000, with minimum subscription of
five, Middle East Healthcare said.

Al Rajhi Capital has been appointed as the agent, financial advisor, sole arranger, and

dealer.

(Writing by Brinda Darasha; editing by Seban Scaria)

brinda.darasha@lseg.com

HEALTHCARE
ISLAMIC
FINANCE
SAUDI
ARABIA
SUKUK

https://www.zawya.com/en/islamic-economy/islamic-finance/saudi-middle-east-healthcare-co-begins-sale-of-riyal-denominated-sukuk-at-720-sucgi56d 2/2