AlJazira Bank Plans USD Additional Tier 1 Certificates

BJAZ

BJAZ

1020.SA

0.00

On June 16, 2026, AlJazira Bank announced its intention to issue U.S. dollar denominated additional tier 1 capital certificates under its capital certificate issuance programme established on September 4, 2025, following a Board of Directors resolution dated July 16, 2025. The issuance will be conducted through a special purpose vehicle and offered to eligible investors in Saudi Arabia and internationally, with ten major financial institutions serving as Joint Lead Managers including Abu Dhabi Commercial Bank, Goldman Sachs International, and J.P. Morgan Securities. The amount and terms will be determined based on market conditions, with proceeds intended for improving Tier 1 capital and general banking purposes. The offer remains subject to regulatory approvals and compliance with relevant laws and regulations.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96111&anCat=1&cs=1020&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.