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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
RJHIAB
Al Rajhi Sukuk Ltd$1,000
1EMEA
Sep 9, 2025
currency
USD
size (m)
1,000.000
maturity
Mar 16, 2036
type
Fixed Rate Reset
tenor
10.500
call
5.50
registration
Reg S Only
benchmark
Tsy
ranking
Subordinated
moody's
Baa2
s&p
-
fitch
BBB
re-open/tap
No
ipt
T+235 area
ipt-pxd
-
guidance
n/a - straight to launch
spread
200
coupon
5.651%
spread set
-
price
100.00000
yield
5.651%
book size (m)
2,000
peak book (m)
-
x-covered
2
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,000
peak book (m)
-
x-covered
2
book attrition
-
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2000; First Pay: 2026-03-16; Redemption: 2030-09-16; Registration: Reg S Only; Comments: USD1bn Tier 2 Social Sukuk 10.5NC5.5 FXD-rate-reset cpn 5.651% at par. Spread: T+200bps. T 3 ⅝ 08/31/30 at 100-04 / 3.597% and T 3 ⅞ 08/31/32 at 100-15 / 3.798%. Tax Call: Yes. Non-Viability Event: Yes. Reset Date: 3/16/2031. LEI: 549300FHETHK3XGY8N60;
Deal Comments
Tier 2 Social Sukuk Bond
Use of Proceeds
Refinancing of Elligible Social Projects

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