| Element List |
Explanation |
| Introduction |
With reference to the announcement from Banque Saudi Fransi (the “Bank”), published on the website of the Saudi Stock Exchange (Tadawul) on 03/03/1447H (corresponding to 26/08/2025G), regarding the commencement of the Bank’s offer of U.S. Dollar- denominated tier 2 capital notes (the “Notes”) under the Medium Term Note Programme (the “Medium Term Note Programme”) through a special purpose vehicle and by way of an offer to eligible investors in the Kingdom of Saudi Arabia and internationally, the Bank would like to announce the completion of the offer of the Notes. The settlement of the Notes issuance is expected on 11/03/1447H (corresponding to 03/09/2025G). |
| Offer Type |
U.S. Dollar- denominated tier 2 capital notes under the Medium Term Note Programme. |
| Value of the offer |
US$1,000,000,000 |
| Total number of (Bonds/Sukuk) |
5,000 (based on the minimum denomination and total issue size) |
| Par Value (Bonds/Sukuk) |
USD 200,000 |
| Return (Bonds/Sukuk) |
5.761% (per annum) |
| Maturity (Bonds/Sukuk) |
10 years, callable after 5 years |
| Terms of Redemption |
The Notes may be redeemed prior to the scheduled maturity date in certain cases as detailed in the Base Offering Circular in relation to the Medium Term Note Programme. |
| Additional Information |
The Notes will be listed on the International Securities Market of the London Stock Exchange plc. The Notes may only be sold in reliance on Regulation S under the US Securities Act of 1933, as amended. |
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