Saudi Telecom Co. — Capital/Financing Update 2026

Jan 8, 2026

Saudi Telecom Company (stc) announces the start of the offering of its U.S. dollar denominated issuance of international Trust Certificates (sukuk)

7010 · 08/01/2026 09:22:01 · Announcement #92525 · View on Saudi Exchange

Saudi Telecom Company (stc) announces the start of the offering of its U.S. dollar denominated issuance of international Trust Certificates (sukuk)

Element List	Explanation
Introduction	With reference to the announcement made by Saudi Telecom Company (stc) on the Saudi Exchange (Tadawul) dated 06-1-2026 regarding its intention to issue international Trust Certificates (sukuk) denominated in U.S. dollars under its USD 5 billion international Trust Certificate (sukuk) issuance programme, through a special purpose vehicle established outside the Kingdom of Saudi Arabia for this purpose, stc announce the commencement of the offer of the international Trust Certificates (sukuk).
Offer Type	International Trust Certificates (sukuk) denominated in U.S. dollars.
Value of the offer	The amount and terms of the offer of the international Trust Certificates (sukuk) will be determined subject to market conditions.
Offering start Date	2026-01-08 Corresponding to 1447-07-19
Offering end Date	2026-01-09 Corresponding to 1447-07-20
The targeted class of the issuance	Eligible investors in the jurisdictions in which the offering will be made in accordance with the rules and regulations of each such jurisdiction.
Name of Issuance Manager	BNP PARIBAS, Citibank, Dubai Islamic Bank “DIB”, Emirates NBD Capital, HSBC, Islamic Corporation for the Development of the Private sector “ICD”, Kuwait Finance House Capital “KFH”, Mashreq Bank, National Bank of Greece “NBG”, SNB Capital and Standard Chartered Bank.
Minimum Subscription	International Trust Certificates (sukuk) will have a minimum denomination of USD 200,000 and integral multiples of USD 1,000 in excess thereof (or its equivalent in other currencies as at the date of issue).
Offer Price (Sukuk /Bonds)	Will be subject to market conditions.
Par Value	USD 200,000
Return (Sukuk /Bonds)	Will be subject to market conditions.
Maturity (Sukuk /Bonds)	Will be subject to market conditions.
Terms of Redemption	The international Trust Certificates (sukuk) may be redeemed in certain cases as detailed in the offering circular in relation to the international trust Certificates (sukuk).
Additional Information	The international Trust Certificates (sukuk) will be listed on the London Stock Exchange’s International Securities Market. The international Trust Certificates (sukuk) may be sold in reliance on (Regulation S) and (Rule 144A) under the U.S. Securities Act of 1933, as amended.

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 international Trust Certificates (sukuk).

stc 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.