| Element List | Explanation |
|---|---|
| Introduction | AlJazira Bank (the “Bank”) announces its intention to issue SAR denominated additional tier 1 capital sukuk (the “Sukuk”) under its SAR 5,000,000,000 Additional Tier 1 Capital Sukuk Programme. |
The issuance is expected to be by way of private placement to eligible investors in the Kingdom of Saudi Arabia (the “Proposed Offer”).
The Bank has mandated AlJazira Capital and Al Rajhi Capital as Joint Lead Managers & Bookrunners in relation to the Proposed Offer.
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.