Banque Saudi Fransi – BSF brand
Announce Banque Saudi Fransi – BSF Pronounces the beginning of providing extra first-tranche sukuk denominated in Saudi riyals below the first-tranche extra capital sukuk program, amounting to eight billion riyals..
The financial institution defined in an announcement on Tadawul that it’ll decide the quantity and worth of any sukuk that shall be supplied primarily based on market situations. Under are the small print of the providing:
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Providing particulars
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Model sort
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Extra Tier 1 Sukuk denominated in Saudi Riyals below the Extra Tier 1 Capital Sukuk Program amounting to eight billion riyals.
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Supply worth
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The quantity and worth of any Sukuks to be supplied shall be decided primarily based on market situations.
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The start of the providing
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19 October 2025
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Finish of providing
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November 10, 2025
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Goal group of the discharge
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Institutional and certified traders, in accordance with the foundations on the providing of securities and persevering with obligations issued by the Capital Market Authority.
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The entity chargeable for issuance administration
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The financial institution appointed Saudi Fransi Capital as bookrunner, lead coordinator and lead supervisor for the non-public placement.
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Minimal subscription
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A million riyals for every instrument
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Supply value
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Decided by market situations.
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Nominal worth
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A million riyals for every instrument.
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The return
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Decided by market situations.
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Maturity interval
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Persevering with, with no maturity date (with the fitting to redeem at a related date or as specified within the phrases and situations).
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Circumstances for eligibility for refund
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The Sukuk could also be redeemed early primarily based on a capital occasion, tax occasion or on the Financial institution’s possibility as set out within the last Sukuk phrases and situations..
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The financial institution added that this announcement doesn’t represent an invite or supply to purchase, personal, or subscribe for any securities, and it’s also topic to the phrases and situations of the sukuks. The financial institution will announce to its valued shareholders some other materials developments in the end.
