Page 90 - SGH REPORT - FEBRUARY 2024
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2/28/24, 10:23 AM Saudi German Health completes issuance of SAR 1B sukuk
Saudi German Health completes issuance of SAR 1B sukuk
26/02/2024 Argaam
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Middle East Healthcare Co. (Saudi German Health) announced the completion of its SAR-
denominated sukuk issuance, valued at SAR 1 billion.
Sukuk Issuance Details
Item Details
Issuance Type SAR-denominated sukuk
Issuance Value SAR 1 bln
Total Number (Sukuk/Bonds) 1 mln sukuks
Nominal Value (Sak/Bond) SAR 1,000 per Sak
Return (Sak/Bond) An annual fixed rate of 7.20% payable quarterly
Maturity 5 years
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