| Introduction |
With reference to the announcement from AlJazira Bank (the “Bank”) published on the website of the Saudi Exchange on 2/1/1448H (corresponding to 17/6/2026G) regarding the commencement of the Bank’s offer of U.S. dollar denominated additional tier 1 capital certificates (the “Certificates”) by way of an offer to eligible investors in the Kingdom of Saudi Arabia and internationally under its USD 1,500,000,000 Additional Tier 1 Capital Certificate Issuance Programme, the Bank would like to announce the completion of the offer of the Certificates. The settlement of the issuance of the Certificates will be on 9/1/1448H (corresponding to 24/6/2026G). |
| Offer Type |
U.S. DOLLAR DENOMINATED ADDITIONAL TIER 1 CAPITAL CERTIFICATES |
| Value of the offer |
USD 500,000,000 |
| Total number of (Bonds/Sukuk) |
2,500 (based on the minimum denomination and total issue size). |
| Par Value (Bonds/Sukuk) |
USD 200,000 |
| Return (Bonds/Sukuk) |
6.50% per annum |
| Maturity (Bonds/Sukuk) |
Perpetual, callable after 5 years. |
| Terms of Redemption |
The Certificates may be redeemed in certain cases as detailed in the base offering circular dated 04/09/2025G (as supplemented by the first supplement dated 05/06/2026G) in relation to the Certificates. |
| Additional Information |
The Certificates will be listed on the London Stock Exchange's International Securities Market. The Certificates may be sold in reliance on Regulation S under the US Securities Act of 1933, as amended. |
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