Al Rajhi Bank (ALRAH)

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Al Rajhi Bank (ALRAH)

C/P	Industry	Status	Ticker(s)	Issuer(s)	Size(m)		Tranches	Region	Date
IGC	FNCL	PRCD	ALRAH	Al Rajhi Bank	$1,000		1	EMEA	Mar 29, 2023

Tranche #1Al Rajhi Bank

currency

USD

size (m)

1,000.000

maturity

Apr 5, 2028

type

Fixed

tenor

5.000

call

registration

Reg S Only

benchmark

Tsy

ranking

Sr. Unsecured

moody's

s&p

fitch

A-

re-open/tap

ipt

T+150 a

ipt-pxd

guidance

T+120 a

spread

110

coupon

4.75%

spread set

price

99.89400

yield

4.774%

book size (m)

3,750

peak book (m)

x-covered

3.75

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

book size (m)

3,750

peak book (m)

x-covered

3.75

book attrition

nic

billing & delivering

active leads

joint leads

,,,,

passive leads

co-managers

coordinating managers

Tranche Comments

5 yr: Book size: 3750; Registration: Reg S Only; Comments: USD1bn 5yr bmk snr unsec sukuk sustainable RegS. A1/NR/A-. AlRajhi/Citi/ENBD/GS/HSBC/JPM(B&D)/KFH/StCh(Struc). IPTs T+150 area, guidance T+120 area, launch 1bn at T+110. Books subject 3.75bn+ ex JLM. Allocs out, HR 98% vs T 4% 2/28, hedge by 5.20pm, final T+110bps vs. T 4 02/29/28 @ 101-14+ / 3.674% / HR 98%. LEI: 549300FHETHK3XGY8N60;

Deal Comments

Sukuk Sustainable Bond

Use of Proceeds

Refinancing

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