SAL Completes SAR 1 Billion Sukuk Private Placement
SAL 4263.SA | 166.60 | +0.36% |
SAL Saudi Logistics Services Co. announced on January 29, 2026, the completion of its SAR-denominated Sukuk offering through private placement. The SAR 1 billion issuance, settled on January 28, 2026, consists of 1,000 Sukuk with a par value of SAR 1 million each. The Sukuk carries a floating rate of 6M SAIBOR + 130bps payable semi-annually with a 5-year maturity, subject to early redemption options as specified in the offering circular.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92868&anCat=1&cs=4263&locale=arImportant 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.
