| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement made by Bank Albilad (the “Bank”) published on the website of the Saudi Exchange on 17/07/1447H (corresponding to 06/01/2026G), relating to the Bank’s intention to issue U.S.$ Dollar (“USD”) denominated Additional Tier 1 Capital Sukuk (the “Sukuk”) by way of private placement in the Kingdom of Saudi Arabia and internationally under its USD 2,000,000,000 Additional Tier 1 Capital Sukuk Programme (the “Programme”), the Bank is pleased to announce the commencement of the offer of Sukuk. |
| Offer Type | Private placement of USD denominated Additional Tier 1 Capital Sukuk. |
| Value of the offer | The amount and terms of offer of the Sukuk will be determined at a later stage based on market conditions at that time. |
| Offering start Date | 2026-01-08 Corresponding to 1447-07-19 |
| Offering end Date | 2026-01-11 Corresponding to 1447-07-22 |
| The targeted class of the issuance | Eligible investors in the Kingdom of Saudi Arabia and internationally. |
| Name of Issuance Manager | The Bank has mandated Abu Dhabi Commercial Bank PJSC, AlBilad Capital, Dubai Islamic Bank PJSC, Emirates NBD Capital Limited, HSBC Bank plc, Mashreqbank psc, Standard Chartered Bank and Warba Bank K.S.C.P., as Joint Lead Managers in relation the offer and issuance of the Sukuk. |
| Minimum Subscription | USD 200,000 and in increments of USD 1,000 in excess thereof. |
| Offer Price (Sukuk /Bonds) | To be determined at a later stage based on market conditions at that time. |
| Par Value | USD 200,000. |
| Return (Sukuk /Bonds) | To be determined at a later stage based on market conditions at that time. |
| Maturity (Sukuk /Bonds) | Perpetual and accordingly do not have a fixed or final redemption date. |
| Terms of Redemption | The Bank may instruct the Trustee to redeem the Sukuk in certain cases as described in the base offering circular, the supplemental base offering circular and the applicable pricing supplement in relation to the Sukuk. |
| Additional Information | This announcement is not intended as an invitation or offer to purchase, acquire or subscribe to any securities. The Bank will announce any other relevant material developments in due course as required by the relevant rules and regulations. The Sukuk will be listed on the London Stock Exchange's International Securities Market. The Sukuk will be offered, sold and delivered only outside the United States in offshore transactions to non-U.S. persons in reliance on Regulation S under the US Securities Act of 1933G, as amended. The Offering End Date referred to above is the expected end date of the offering, subject to market conditions. |
Qatar Index10,021.90-1.4%
DFM Index5,510.99-0.1%
TASI11,078.89-0.1%
Emirates NBD27.60-3.2%
Dubai Electricity & Water Authority2.65+0.4%
EMAAR12.10-0.4%
EMAARDEV13.750.0%
ADNOC GAS3.240.0%
First Abu Dhabi Bank17.38-1.0%
Emirates Telecom18.78+0.6%
Abu Dhabi Commercial Bank12.64+0.8%
ALRAJHI104.10-0.2%
SNB41.70-1.9%
MAADEN63.70-1.2%
SABIC58.40-0.9%
Boubyan Bank0.68-0.6%
GULF BANK0.33+0.6%
Commercial Bank Of Kuwait0.47-3.3%
Burgan Bank0.210.0%
QNB16.68-1.3%
Industries Qatar10.66-1.8%
Qatar Islamic Bank22.32-1.2%
Ooredoo12.19-3.5%