Page 115 - SGH REPORT - FEBRUARY 2024

2/14/24, 4:41 PM Middle East Healthcare Company announces the commencement of the offer and subscription in its Sukuk denominated in SAR - …

Middle East Healthcare Company announces the

commencement of the offer and subscription in its Sukuk

denominated in SAR

12 February 2024 09:07 AM

Element List Explanation
SAUDI GERMAN HEALTH
With reference to the announcement made by the Middle 4009
East Healthcare Company (the “Company”) published on 75.22%
the website of the Saudi Stock Exchange (Tadawul) on
04/07/1445H (corresponding to 16/01/2024G) relating to the
Introduction 121.60 52.20
Company’s intention to issue Sukuk denominated in SAR
(the “Sukuk”) and the public offering thereof, the Company
announces the commencement of the Sukuk’s offering and
the retail and institutional subscription period.
Offer Type Sukuk denominated in SAR.
The issuance amount has been determined on an initial
Value of the basis at SAR 1,000,000,000 The definitive issuance amount
offer will be determined after the completion of the offer period,
based on market conditions at that time.
Offering start 2024-02-12 Corresponding to 1445-08-02
Date
Offering end 2024-02-25 Corresponding to 1445-08-15
Date
The Sukuk will be offered to eligible natural and legal
The targeted persons in the Kingdom of Saudi Arabia and any other
class of the relevant jurisdiction where the Sukuk may be lawfully
issuance
offered.
Name of The Company has mandated Al Rajhi Capital Company as
Issuance financial advisor, lead manager and dealer in relation the
Manager offering and issuance of the Sukuk.
Five Sukuk with a nominal value of SAR 5,000. For further
Minimum details, please refer to the base prospectus dated on
Subscription 14/01/2024G (the “Base Prospectus”) prepared in relation to
the Sukuk.
Offer Price
(Sukuk SAR 1,000 per Sak.
/Bonds)
Par Value SAR 1,000 per Sak.
Return
(Sukuk 7.20% per annum fixed rate payable quarterly.
/Bonds)
Maturity
(Sukuk 5 years.
/Bonds)
Terms of The Company may redeem the Sukuk, in certain events,
Redemption before the expiry date as detailed in the Base Prospectus.

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