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 Closure of the fifth local Sukuk offering under the Saudi Arabian Government SAR-denominated Sukuk Program


1/22/2018
​​​The Ministry of Finance announces that it has closed the fifth domestic Sukuk issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 5.85 Billion.
The Sukuk issuances were divided into three tranches as follows:
    -  The first tranche has a size of SAR 4.125 billion and matures in 2023G.
    -  The second tranche has a size of SAR 0.225 billion and matures in 2025G.
    -  The third tranche has a size of SAR 1.500 billion and matures in 2028G