| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement made by SAL Saudi Logistics Company (the "Company") published on the website of the Saudi Exchange on 24/07/1447H (corresponding to 13/01/2026G) relating to the commencement of the Company's offer of its Saudi Riyal ("SAR") denominated Sukuk (the "Sukuk") by way of private placement in and/or outside the Kingdom of Saudi Arabia pursuant to its SAR Sukuk issuance programme (the "Programme"), the Company is pleased to announce the completion of the offer of Sukuk. The settlement of the Sukuk issuance was settled on 09/08/1447H (corresponding to 28/01/2026G). |
| Offer Type | Private placement of SAR denominated Sukuk |
| Value of the offer | SAR 1,000,000,000. |
| Total number of (Bonds/Sukuk) | 1,000 Sak |
| Par Value (Bonds/Sukuk) | SAR 1,000,000. |
| Return (Bonds/Sukuk) | 6M SAIBOR + 130bps floating rate payable on a semi-annual basis |
| Maturity (Bonds/Sukuk) | 5 years, subject to early redemption as specified in the base offering circular and the applicable final terms relating to the Sukuk. |
| Terms of Redemption | The Company may redeem the Sukuk, in certain events, before the expiry date as detailed in the base offering circular and the applicable final terms. |
| Additional Information | SAL will continue to complete all the necessary procedures to issue the Sukuk and allocate them to the investors. This announcement is not intended as an invitation or offer to purchase, acquire or subscribe to any securities. The Company will announce any other relevant material developments to its shareholders in due course as required by the relevant rules and regulations. For any further inquiries, please contact the Investor Relations Department at the email: Investor.Relations@sal.sa |