Cenomi Centers Plans SAR 4.5 Billion Sukuk Offering

CENOMI CENTERS +1.05%

CENOMI CENTERS

4321.SA

17.27

+1.05%

Arabian Centres Company (Cenomi Centers) announced on October 12, 2025, its intention to issue Saudi Riyal-denominated Sukuk through a public offering under its SAR 4,500,000,000 Sukuk issuance programme established on October 6, 2025. The Capital Market Authority approved the company's application on September 16, 2025, while Tadawul conditionally approved the Sukuk listing on May 27, 2025. Al Rajhi Capital has been mandated as financial advisor, sole arranger and dealer for the issuance, which aims to serve general corporate purposes, fulfill strategic needs, and refinance existing debt. The issuance amount will be determined later based on market conditions.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=90636&anCat=1&cs=4321&locale=ar

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.