Press release

ASB Capital acted as Joint Lead Manager and Bookrunner for Alinma Bank’s USD 500 million Sustainable Additional Tier 1 (AT1) Sukuk issuance.
The perpetual Sukuk carries an annual profit rate of 6.625%, is callable after 5.5 years, and will be listed on the International Securities Market of the London Stock Exchange.
The transaction was more than three times oversubscribed, attracting strong demand from both regional and international investors.
ASB Capital managed the issuance alongside leading financial institutions, including Citigroup, Goldman Sachs, JP Morgan, and Standard Chartered.