{"id":97286,"date":"2025-05-22T00:00:00","date_gmt":"2025-05-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/"},"modified":"2025-05-22T00:00:00","modified_gmt":"2025-05-22T00:00:00","slug":"alinma-raises-usd-500-mn-in-at1-issuance","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/","title":{"rendered":"Alinma raises USD 500 mn in AT1 issuance"},"content":{"rendered":"

<\/strong>Alinma B<\/strong>ank closed a USD 500 mn sustainable additional tier 1 (AT1) <\/strong>issuance<\/strong>, as it looks to shore up its core tier 1 capital, it said in a filing<\/a> to Tadawul. The offering falls under the lender\u2019s USD 1 bn AT1 capital issuance program, with a minimum subscription amount of USD 200k. It comes over a year after<\/a> Alinma closed a similar USD 500 mn issuance. <\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

About the issuance:<\/strong> The perpetual certificates are callable after 5.5 years and carry a fixed annual return of 6.5%, set to be listed on the London Stock Exchange. The Reg S compliant offering was open to both local and international investors. <\/p>\n

SOUND SMART- <\/strong>AT1 is a type of bond that banks use to shore up their capital and meet regulatory requirements. But unlike regular bonds, the issuer can skip interest payments or even write off the whole amount if it\u2019s in financial trouble. In return for taking the extra risk, investors usually get higher returns. <\/p>\n

Timeline:<\/strong> Subscriptions opened earlier this week<\/a> and were scheduled to run until Friday, 23 May. The final settlement was due on Wednesday, 28 May. <\/p>\n

ADVISORS-<\/strong> Alinma enlisted Alinma Capital, Abu Dhabi Islamic Bank, Emirates NBD, Goldman Sachs, JP Morgan, and Standard Chartered as joint lead managers. <\/p>\n

Saudi companies have more in the pipeline: <\/strong>Earlier this month, SNB<\/a> kicked off a SAR-denominated AT1 sukuk sale, with Bank Albilad<\/a> currently planning a USD-denominated AT1 sukuk under its USD 2 bn program. Meanwhile, Cenomi Centers<\/a> is gearing up to issue up to SAR 3.75 bn in sukuk, and Nomu-listed Molan Steel<\/a> announced plans to issue sukuk worth SAR 20 mn back in March \u2014 but we haven\u2019t heard anything new about these plans. <\/p>\n","protected":false},"excerpt":{"rendered":"

The perpetual certificates carry a fixed annual return of 6.5%<\/p>\n","protected":false},"author":1,"featured_media":97287,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2590],"tags":[72,2441,57,10],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-97286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-debt-watch","tag-alinma-bank","tag-debt","tag-debt-watch","tag-enterpriseam-ksa","wpautop","entry"],"acf":{"mongo_id":"0adace02-2cdc-4670-ba4b-2d2eed5bff89","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/2276.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Alinma raises USD 500 mn in AT1 issuance","related_issue":[97278],"teaser":"The perpetual certificates carry a fixed annual return of 6.5%","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.aa578973-6a93-4561-b397-71578d7fd663.mp3"},"yoast_head":"\nAlinma raises USD 500 mn in AT1 issuance - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alinma raises USD 500 mn in AT1 issuance\" \/>\n<meta property=\"og:description\" content=\"The perpetual certificates carry a fixed annual return of 6.5%\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-22T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Alinma raises USD 500 mn in AT1 issuance\",\"datePublished\":\"2025-05-22T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/\"},\"wordCount\":300,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Alinma Bank\",\"debt\",\"debt watch\",\"EnterpriseAM KSA\"],\"articleSection\":[\"DEBT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/\",\"name\":\"Alinma raises USD 500 mn in AT1 issuance - KSA\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-05-22T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/ksa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Alinma raises USD 500 mn in AT1 issuance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#website\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"name\":\"KSA\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\",\"name\":\"KSA\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42482.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42482.svg\",\"caption\":\"KSA\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Alinma raises USD 500 mn in AT1 issuance - KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/","og_locale":"en_US","og_type":"article","og_title":"Alinma raises USD 500 mn in AT1 issuance","og_description":"The perpetual certificates carry a fixed annual return of 6.5%","og_url":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/","og_site_name":"KSA","article_published_time":"2025-05-22T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Alinma raises USD 500 mn in AT1 issuance","datePublished":"2025-05-22T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/"},"wordCount":300,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1","keywords":["Alinma Bank","debt","debt watch","EnterpriseAM KSA"],"articleSection":["DEBT WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/","url":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/","name":"Alinma raises USD 500 mn in AT1 issuance - KSA","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1","datePublished":"2025-05-22T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/ksa\/2025\/05\/22\/alinma-raises-usd-500-mn-in-at1-issuance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/ksa\/"},{"@type":"ListItem","position":2,"name":"Alinma raises USD 500 mn in AT1 issuance"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/ksa\/#website","url":"https:\/\/enterpriseam.com\/ksa\/","name":"KSA","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/ksa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/ksa\/#organization","name":"KSA","url":"https:\/\/enterpriseam.com\/ksa\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42482.svg","contentUrl":"https:\/\/ent.news\/internal\/42482.svg","caption":"KSA"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/ksa\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2276.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/97286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/comments?post=97286"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/posts\/97286\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/issue\/97278"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media\/97287"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/media?parent=97286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/categories?post=97286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/tags?post=97286"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/brand?post=97286"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/ksa\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=97286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}