Tawasul
Mubasher TV
Contact Us Advertising   العربية

Arabian Aramco Total partially redeems Sukuk

Arabian Aramco Total partially redeems Sukuk
Photo Archive

Riyadh – Mubasher: Arabian Aramco Total Services Company (AATSC), a subsidiary of Saudi Aramco Total Refining and Petrochemical Company (SATORP), on Monday announced the partial redemption of its semi-annually scheduled Sukuk.

A sum of SAR 141.746 million that represents 3.78% of the Sukuk original face value was distributed, as per the redemption schedule of the Sukuk prospectus issued on 10 September 2011 and approved by the Capital Market Authority (CMA), according to a stock exchange statement.

Hence, the face value of each certificate becomes SAR 59,980 and the outstanding Sukuk principal becomes SAR 2.249 billion.