News & insight

The National Shipping Company of Saudi Arabia (Bahri) announces its intention to issue sukuk

10 MAY 2022

ELEMENT LIST EXPLANATION
Offer Type Sukuk denominated in Saudi Arabian Riyals
Date of the board’s decision 2022-05-09 Corresponding to 1443-10-08
Value of the offer 3,900,000,000 SAR
The Purpose of the offer To refinance the company’s existing sukuk which will be matured in 2022-07-30
Approvals Offer of the Sukuk will be subject to the approval of the relevant regulatory authorities