Riyad Bank — Capital/Financing Update 2018

Oct 8, 2018

Riyad Bank announces the redemption of its SAR 4 billion Sukuk due 2020

1010 · 08/10/2018 15:17:07 · Announcement #52248 · View on Saudi Exchange

Riyad Bank announces the redemption of its SAR 4 billion Sukuk due 2020

Element List	Explanation
Introduction	Riyad Bank is pleased to announce its intention to call (redeem) its SAR 4 billion Sukuk due 2020 (“Sukuk”) (Tadawul Code: 1011 -Riyad Bank Sukuk), in full, at their face value (100% of issue price) at the end of year 5 (11 November 2018).

The Sukuk were issued on 11 November 2013 for an aggregate value of SAR 4 billion (4,000 Sak with a face value of SAR 1,000,000 each) with an original maturity of seven (7) years due on 11 November 2020 and are callable on or nearest to 11 November 2018. Regulatory approval has already been obtained in this regard.

The redemption amount together with any periodic distribution amount (profit for the current periodic distribution period ending 11 November 2018) will be transferred by Riyad Bank to the Sukukholders accounts on 11 November 2018 based on their respective Sukukholdings as of 01 November 2018 (start of the Sukuk trading suspension period).

Further information in this regard may be obtained from Investors Relations Dept. at Telephone +966-11-401-3030 extension 2499 or 2445. Issuing type Senior Amount of redeemed (bonds/sukuk) SAR 4 billion Percentage of redeemed (bonds/sukuk) from total issued (bonds/sukuk) 100 % Number of redeemed (bonds/sukuk) 4,000 Sak Issue date 2013-11-11 Corresponding to 1435-01-08 Expiry date 2020-11-11 Corresponding to 1442-03-25 Face value of the sukuk at redemption SAR 1,000,000 per Sak Total issuance value after redemption 0 Date of depositing the amounts in the (bonds/sukuk) holders accounts 2018-11-11 Name of the entity responsible for the deposit and communication methods. Investors Relations Dept. at Telephone +966-11-401-3030 extension 2499 or 2445. Additional Information Start of the Sukuk trading suspension period: 01-11-2018

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.