SGBJ - The Acquisition
Enhancing Capital Base
•
In February 2022, Capital bank Group bolstered its capital base with the issuance of a Tier 1 perpetual bond for
USD 100m.
In June 2022, a capital raise was completed through the Public Investment Fund (PIF) of Saudi Arabia. PIF is the
world's 5th largest sovereign wealth fund, with AUM exceeding USD 620m.
صندوق الأسـ
ارات العامة
استثمارات )
1971
Public Inve
۱۳۹۱ ه
ment Fund
Public Investment Fund became a strategic
investor with 23.9% through the issuance of
63 million new shares.
Subscription was at approximately USD
185m (through a private placement).
Newly issued shares are at a premium of
USD 96 million above par value.
•
•
Capital Bank issued a perpetual 'Tier1' bond.
•
Issuance was listed on Nasdaq Dubai's market.
•
Coupon Rate was at 7%.
Nasdaq Dubai
20
20View entire presentation