The National Debt Management Center announces that it has closed the June 2021 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 8.265 Billion (Eight Billion and two hundred fifty six Million SAR).
The Sukuk issuances were divided into three tranches as follows:
• The first tranche has a size of SAR 2.755 Billion (Two Billion and seven hundred fifty five Million SAR), matures in (2028).
• The second tranche has a size of SAR 4.650 Billion (Four Billion six hundred and fifty Million SAR), matures in (2031).
• The third tranche has a size of SAR 860 Million (Eight hundred and sixty Million SAR), matures in (2035).
*Numbers are rounded to the nearest decimal.