Alinma Bank — Capital/Financing Update 2021

Jul 1, 2021

Alinma Bank announces the end of the debt instruments offer of Additional Tier 1 Sukuk denominated in Saudi Riyals.

1150 · 01/07/2021 16:03:54 · Announcement #64007 · View on Saudi Exchange

Alinma Bank announces the end of the debt instruments offer of Additional Tier 1 Sukuk denominated in Saudi Riyals.

Element List	Explanation
Offer Type	Additional Tier 1 Sukuk denominated in Saudi Riyals.
Introduction	Alinma Bank (the “Bank”) refers to its announcement published on the website of the Saudi Stock Exchange (Tadawul) on 29 Shawwal 1442 Hijri (corresponding to 10 June 2021G), relating to the beginning of offering the Additional Tier 1 Sukuk denominated in Saudi Riyals by way of a private placement. The Bank would like to announce that it has now completed the offering of the Sukuk and the settlement of the Sukuk occurred on 21 Dhu al-Qi‘dah 1442 Hijri (corresponding to 1 July 2021G).
Offer Type	Additional Tier 1 Sukuk denominated in Saudi Riyals.
Value of the offer	SAR 5,000,000,000
Total number of (Bonds/Sukuk)	5,000 (based on the minimum denomination and total issue size)
Par Value (Bonds/Sukuk)	SAR 1,000,000
Return (Bonds/Sukuk)	4.00% per annum from (and including) the issue date up to (but excluding) 1 July 2026G. The rate of return will then be reset on 1 July 2026G and every five years thereafter
Maturity (Bonds/Sukuk)	Perpetual
Terms of Redemption	The Sukuk may be redeemed early due to a capital event, tax event or at the option of the Bank as described in the terms and conditions of the Sukuk.
Additional Information	The Bank mandated Alinma Investment Company and J.P. Morgan Saudi Arabia Company as Joint Lead Managers and Joint Bookrunners for the private placement offer.

This announcement is not intended as an invitation or offer to purchase, acquire or subscribe to any securities and is subject to the terms and conditions of the Sukuk.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.