AlJazira Bank Completes $500M Additional Tier 1 Offering

BJAZ

BJAZ

1020.SA

0.00

AlJazira Bank announced on June 18, 2026 the completion of its USD 500,000,000 additional tier 1 capital certificate offering under its USD 1,500,000,000 issuance programme. The perpetual certificates, callable after 5 years, carry a 6.50% per annum return with a par value of USD 200,000 each, totaling 2,500 certificates. Settlement is scheduled for June 24, 2026, and the certificates will be listed on the London Stock Exchange's International Securities Market.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96209&anCat=1&cs=1020&locale=ar

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