| Element List | Explanation |
|---|---|
| Introduction | Saudi Electricity Company announces full redemption of its International Sukuk due on 27th January 2024 (Sukuk). This Sukuk is listed on Irish Stock Exchange (Euronext Dublin) and has been issued by SEC on 27/09/2018. |
| Offer Type | Islamic Sukuk |
| Value of the redeemed (sukuk\ bonds) | USD 800,000,000 |
| Percentage of Redeemed (Bonds/Sukuk) out of Total Issued (bonds/sukuk) | 100 % |
| Number of redeemed (bonds/sukuk) | 4,000 |
| Issuance Date | 2018-09-27 Corresponding to 1440-01-17 |
| Trading End Date | 29-01-2024 |
| Sukuk Par Value at Redemption Date | USD 200,000 |
| Total issuance value after redemption | 0 |
| Date of Depositing the Amounts in the (Bonds/Sukuk) Holders Accounts | 2024-01-29 Corresponding to 1445-07-17 |
| Name of the Entity Responsible for the Deposit and Contact Details | HSBC Bank plc (paying agent) |
Email:
ctlondon.conventional@hsbc.com
The Company would like to thank its investor base for their trust in the Company. the Sukuk will be delisted from Irish Stock Exchange (Euronext Dublin)
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.