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Arab National Bank Kicks Off US Dollar-denominated Additional Tier 1 Capital Sukuk Offer

MT Newswires·09/02/2026 02:26:22
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02:26 AM EDT, 09/02/2026 (MT Newswires) -- Arab National Bank (SASE:1080) launched an offering of its US dollar-denominated additional tier 1 capital sukuk on Wednesday, according to a same-day release. The offer will have a par value and a minimum subscription amount of $200,000, with the terms to be determined based on market conditions. Closing is expected Thursday. The Saudi lender will list the perpetual sukuk, callable after five years, on the London bourse's International Securities Market.