Closure of the November 2019 Issuance under the Saudi Arabian Government SAR-denominated Sukuk Program

The Debt Management Office (DMO) of the Ministry of Finance announces that it has closed the November 2019 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at SAR 1.415 billion.The Sukuk issuances were divided into three tranches as follows:- The first tranche has a size of SAR 1.285 billion and a total tranche size of SAR 2.415 billion, matures in 2025.- The second tranche has a size of SAR 50 million, and a total tranche size of SAR 2.678 billion, matures in 2028.- The third tranche has a size of SAR 80 million, and a total tranche size of SAR 11.091 billion, matures in 2031.