Investor Presentation 2020
Sukuk Programs Issued by stc
45
Item
Issuing Type
Currency
Program Amount
International Sukuk Program
International Sukuk (senior, unsecured sukuk)
USD denominated
USD 5 Bn
Domestic Sukuk Program
Domestic Sukuk
SAR denominated
SAR 5 Bn
Investor Presentation 2020 | stc group
Issuing Objective
"
Minimum Settlement
Price at Maturity
Price As of 30th Sept. 2020
Trading Market
Issuing Date
1st Tranche Amount
Number of Sukuk Issued
Subscription Coverage
Tenor
Coupon Rate
Payment Frequency
Arrangers
Rating
■ To support the execution of the company's strategy, future plans and
diversify the sources of funding;
To benefit from the features of international debt capital market in terms
of liquidity, competitive pricing and diversification of investors' base.
USD 200,000
At Par
USD 113.3 (YTD 2.2%)
Irish Stock Exchange plc trading as "Euronext Dublin"
13th May 2019
USD 1.250 bn
6,250 sak
3.5x
10 years (13th May 2029)
3.89% (Valued at Mid Swap of 2.54%+135 bps)
Simi annual (first payment on 13th Nov 2019)
HSBC, JPMorgan, Standard Chartered, Samba Capital, First Abu Dhabi
Bank, and KFH Capital
Moody's (A1), S&P (A-)
To support the execution of the company's strategy, future plans and
diversify the sources of funding.
SAR 1,000,000
At Par
N/A
private placement
9th June 2014
SAR 2 bn
2,000 sak
2x
10 years (9th June 2024)
3M SAIBOR + 70 bps
Quarterly
J.P. Morgan Saudi Arabia Limited, NCB Capital Company and Standard
Chartered Capital Saudi Arabia
N/A
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