Zawya - Press Releases: stc Group wins the award for the most prominent sukuk and bond deal at the Saudi Capital Market Awards 2025
Riyadh, Saudi Arabia, stc Group, the enabler of digital transformation, wins the Outstanding Sukuk and Bond Deal award at the Saudi Capital Market Awards 2025 during the Saudi Capital Market Awards ceremony, in recognition of its outstanding contribution to supporting efforts to develop the debt instruments market in the Kingdom.
This recognition follows the successful issuance of US dollar -denominated sukuk totaling US$2 billion in two tranches: the first, valued at US$750 million, with a five-year maturity and an annual yield of 4.489%, and the second, valued at US$1.25 billion, with a ten-year maturity and an annual yield of 5.083%. The sukuk were accepted for trading on the London Stock Exchange's International Securities Market on January 15, 2026.
The issuance was met with strong demand from a broad and diverse base of global investors, with total orders exceeding US$8 billion from more than 300 investors, representing an oversubscription of more than four times. The success of this issuance reflects investor confidence in the robustness and efficiency of stc Group’s business model and its strategy to strengthen its position as a leading digital enabler in the region. This strategy also capitalizes on promising opportunities in infrastructure development and the enabling of mega-projects, while focusing on achieving sustainable growth based on operational efficiency and maximizing shareholder value.
The Saudi Stock Exchange Awards recognize the outstanding performance of market participants who contribute to the development and advancement of the Saudi Stock Exchange, in line with the objectives of the Kingdom’s Financial Sector Development Program .
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About the stc group:
The stc Group is an enabler of digital transformation, offering a wide range of innovative digital solutions and playing a pivotal role in driving digital transformation. The Group boasts a comprehensive portfolio of advanced services encompassing telecommunications and information technology, digital infrastructure, cloud computing, cybersecurity, the Internet of Things (IoT), digital payments, digital media, and digital entertainment. The Group comprises 13 subsidiaries operating in Saudi Arabia, the Middle East and North Africa (MENA) region, and Europe.
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