By Marisa Wong
Los Angeles, March 21 – SNB Sukuk Ltd. priced €750 million of 2.342% Islamic bonds due Jan. 19, 2027 at par, according to a notice.
The obligor is the Saudi National Bank.
HSBC Bank plc was the manager.
SNB Sukuk is a special purpose vehicle incorporated in the Cayman Islands to issue sukuk.
| Issuer: | SNB Sukuk Ltd.
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| Obligor: | Saudi National Bank
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| Amount: | €750 million
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| Issue: | Sukuk
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| Maturity: | Jan. 19, 2027
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| Manager: | HSBC Bank plc
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| Coupon: | 2.342%
|
| Price: | Par
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| Announcement date: | March 21
|
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