Finance Reopens Fifth “Previous” Offer for Second Time from Saudi Sukuk Program

Media In / Agencies / Riyadh March 20, 2018
The Ministry of Finance announced the completion of the receipt of additional investors’ requests for its domestic issuance through the re-opening of its fifth issue, “Previous 01-2018” for the second time, which took place in January of this year under the Saudi Government Sukuk Program in Saudi Riyals. Billion to SAR 17.920 billion.
The ministry said in a statement today that the additional issues were divided into three segments: First tranche, SR 2.600 billion for sukuk payable in 2023, second tranche of SR 1.850 billion for sukuk in 2025 and third tranche of 0.400 Billion Saudi riyals worth in 2028.