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2/14/24, 4:41 PM Saudi German Health says subscription to sukuk starts, values issuance at SAR 1B
Offering End Date Feb. 25
Eligible natural and legal persons in Saudi
Target Class of Issuance Arabia and any other relevant jurisdiction where
the sukuk may be lawfully offered
Al Rajhi Capital as financial advisor, lead
Issuance Lead Manager manager and dealer in relation the offering and
issuance of the sukuk
Minimum Subscription Limit Five sukuk with a nominal value of SAR 5,000
Offering Price SAR 1,000 per Sak
Nominal Value SAR 1,000 per Sak
Return An annual fixed rate of 7.20% payable quarterly
Maturity Five years
The sukuk may be redeemed in certain cases,
Redemption Terms before the maturity date as detailed in the base
prospectus
Saudi German Health announced in January the prospectus for the sukuk program, for SAR
1.5 billion, Argaam earlier reported.
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