Bond Saudi Global Electricity Sukuk Co 4.211% ( XS0767862914 ) in USD
| Issuer | Saudi Global Electricity Sukuk Co |
| Market price | 100 % ▼ |
| Country | Saudi Arabia
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| ISIN code |
XS0767862914 ( in USD )
|
| Interest rate | 4.211% per year ( payment 2 times a year) |
| Maturity | 02/04/2022 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 200 000 USD |
| Total amount | 1 250 000 000 USD |
| Detailed description |
Saudi Electricity Global Sukuk Company is a special purpose vehicle established to issue and manage Sukuk (Islamic bonds) for Saudi Electricity Company, primarily to finance its infrastructure development and operations. The XS0767862914 Sukuk, a U.S. dollar-denominated obligation issued by Saudi Electricity Global Sukuk Co ? a dedicated financial vehicle associated with the Kingdom of Saudi Arabia's leading electricity provider ? officially reached its maturity on April 2, 2022, and has since been fully redeemed at par. This bond, originating from Saudi Arabia, was part of a significant issuance totaling $1,250,000,000, offering an interest rate of 4.211% distributed through semi-annual payments. Individual tranches were available for a minimum purchase size of $200,000, reflecting its structure within the fixed-income market. |
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