| Element List | Explanation |
|---|---|
| Introduction | BSF announces its intention to redeem its SAR 5,000,000,000 Additional Tier 1 Capital Sukuk (the “Sukuk”) on 12/05/1447H (corresponding to 03/11/2025G), in full, at face value. |
The Sukuk were issued 17/03/1442H (corresponding to 03/11/2020G), in the aggregate face amount of SAR 5,000,000,000, qualifying as Additional Tier 1 capital in accordance with the Saudi Central Bank (SAMA) regulations.
BSF elected to redeem the Sukuk, at the contractual first call date of 12/05/1447H (corresponding to 03/11/2025G), where the face value of the Sukuk and any periodic profit distribution amount payable (for the period ending, but excluding, 12/05/1447H (corresponding to 03/11/2025G) will be transferred to Sukuk holders on 12/05/1447H (corresponding to 03/11/2025G) based on their respective holdings on 27/04/1447H (corresponding to 19/10/2025G). The required regulatory approval has been obtained in this regard.
Further information in this regard may be obtained from the Payment Administrator or the Sukuk holders’ Agent at SFCSS@bsfcapital.sa
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.