| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement of VIEW United Real Estate Development Company published on the Saudi Exchange website on 08/01/1448H (corresponding to 23/06/2026G) regarding the Company's intention to issue Sukuk denominated in Saudi Riyals with a value of (SAR 10,000,000) ten million Saudi Riyals, within the Sukuk Offering and Private Placement Program, the Company is pleased to announce the start of the first and second tranche of Sukuk |
| Offer Type | Sukuk denominated in Saudi Riyals through an offering through the website of Sukuk Capital Company authorized by the Capital Market Authority to offer and invest in debt instruments |
| Value of the offer | The first and second installments will be offered at a value of SAR 1,000,000 million per installment |
| Offering start Date | 2026-07-27 Corresponding to 1448-02-13 |
| Offering end Date | 2026-09-09 Corresponding to 1448-03-27 |
| The targeted class of the issuance | The Sukuk will be offered to natural and legal persons who are entitled to subscribe to the Sukuk |
| Name of Issuance Manager | Sukuk Capital Company, Arrangement Manager |
| Minimum Subscription | SAR 1,000 per Sukuk |
| Offer Price (Sukuk /Bonds) | SAR 1,000 per Sukuk |
| Par Value | SAR 1,000 per Sukuk |
| Return (Sukuk /Bonds) | For more information, please visit the website of Sukuk Capital via the following link: https://www.sukuk.sa |
| Maturity (Sukuk /Bonds) | For more information, please visit the website of Sukuk Capital via the following link: https://www.sukuk.sa |
| Terms of Redemption | For more information, please visit the website of Sukuk Capital via the following link: https://www.sukuk.sa |
| Additional Information | The Company notes the importance of carefully and fully reviewing the Memorandum Prospectus before making any investment decision related to the subscription to the Sukuk, noting that this announcement does not constitute an invitation or offer to buy, own or subscribe to any securities, and the Company will announce any other material developments in a timely manner in accordance with the relevant laws and regulations |
View United Real Estate Development Company announces the start of the issuance of Saudi Riyal-denominated Sukuk through an offering through the website of Sukuk Capital Company authorized by the Capital Market Authority to offer debt and investment instruments
AI Summary
- VIEW United Real Estate Development Company has launched the first and second tranches of its Saudi Riyal-denominated Sukuk issuance, with each installment valued at SAR 1,000,000.
- The offering is part of a SAR 10,000,000 private placement program conducted through the Sukuk Capital Company platform.
- The subscription period for these tranches begins on July 27, 2026, and is scheduled to end on September 9, 2026.
- Each Sukuk has a par value of SAR 1,000, which also serves as the minimum subscription amount for natural and legal persons.
