Page 111 - SGH REPORT - FEBRUARY 2024

2/14/24, 4:41 PM Saudi's Middle East Healthcare Company Starts Sale Of Riyal-Denominated Sukuk
Saudi Arabia's Middle East Healthcare Company Launches

$267M Sukuk

By Sana Tahir Forbes Middle East Staff Feb 12, 2024, 16:54 PM

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The Islamic bonds will be issued in denominations of $266.7 (SAR 1,000), with buyers required to buy a minimum
of five. Image by FAYEZ NURELDINE / AFP

Middle East Healthcare Company, which owns the Saudi German Hospital chain, announced

Monday that its $266.7 million (SAR 1 billion) riyal-denominated sukuk issuance opened

for subscription on the Saudi Stock Exchange (Tadawul).

Sukuk details

Investors can apply for the Sukuk, announced on January 16, till February 25, 2024.

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