Alinma Bank — Capital/Financing Update 2021

Jun 10, 2021

Alinma Bank announces the beginning of offering its Additional Tier 1 Sukuk.

1150 · 10/06/2021 09:33:06 · Announcement #63723 · View on Saudi Exchange

Alinma Bank announces the beginning of offering its Additional Tier 1 Sukuk.

Element List	Explanation
Introduction	Alinma Bank (the “Bank”) refers to its announcement published on the website of the Saudi Stock Exchange (Tadawul) on 28 Shawwal 1442 Hijri (corresponding to 9 June 2021G) relating to the determination to issue Additional Tier 1 Sukuk by way of private placement offer and subject to market conditions. The Bank would like to announce the commencement of the issuance of the Sukuk.
Offer Type	Additional Tier 1 Sukuk denominated in Saudi Riyals.
Value of the offer	The number and value of any Sukuk to be offered will be determined based on market conditions.
Offering start Date	2021-06-10 Corresponding to 1442-10-29
Offering end Date	2021-07-08 Corresponding to 1442-11-28
The targeted class of the issuance	Sophisticated investors as such term is defined in Article (9) of the Rules on the Offer of Securities and Continuing Obligations.
Name of Issuance Manager	The Bank has mandated Alinma Investment Company and J.P. Morgan Saudi Arabia Company as Joint Lead Managers and Joint Bookrunners for the private placement offer.
Minimum Subscription	SAR 1,000,000
Offer Price (Sukuk /Bonds)	Subject to market conditions.
Par Value	SAR 1,000,000
Return (Sukuk /Bonds)	Subject to market conditions.
Maturity (Sukuk /Bonds)	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	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 Bank will announce any other relevant material developments to its shareholders in due course.

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.