Investor Presentation 2021
Sukuk Programs Issued by stc
46
Investor Presentation 2021 | stc group
Item
Issuing Type
Currency
Program Amount
Issuing Objective
Minimum Settlement
Price at Maturity
Trading Market
Issuing Date
1st Tranche Amount
Number of Sukuk Issued
Subscription Coverage
Tenor
Coupon Rate
Payment Frequency
Arrangers
Rating
International Sukuk Program
International Sukuk (senior, unsecured sukuk)
USD denominated
Domestic Sukuk Program
Domestic Sukuk
SAR denominated
USD 5 Bn
→ 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
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-)
SAR 5 Bn
→ To support the execution of the company's strategy,
future plans and diversify the sources of funding.
SAR 1,000,000
At Par
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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