premargin

Element List	Explanation
Introduction	Bank Albilad (the “Bank”) announces its 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 (the “Proposed Offer”) pursuant to its USD 2,000,000,000 Additional Tier 1 Capital Sukuk Programme. 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 for the purpose of the Proposed Offer.
Offer Type	Private placement of USD denominated Additional Tier 1 Capital Sukuk.
Date of the board’s decision	2025-03-04 Corresponding to 1446-09-04
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.
The Purpose of the offer	To complement and support the Bank’s capital base enabling the achievement of its long-term strategic objectives.
Approvals	The Proposed Offer will be subject to the approval of the relevant regulatory authorities and will be made in compliance with applicable laws and regulations.
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.

Bank Albilad announces its intention to issue USD denominated Additional Tier 1 Capital Sukuk under its Additional Tier 1 Capital Sukuk Programme