Alrayan Bank: Issuance of Usd 500 Million 5-year Senior Unsecured Regs Sukuk

AlRayan Bank (Q.P.S.C) rated A2 by Moody’s with a stable outlook has successfully issued its USD 500 million 5-year Senior Unsecured RegS Sukuk at a final Price of 5-year US Treasuries 80 bps (Expected Profit rate of 4.875% at an Issue price of 99.82). The successful completion of this transaction underscores the robustness of the Qatari economy and AlRayan Bank’s strong credit fundamentals. This issuance reaffirms AlRayan Bank’s standing as a leading financial institution in the region and marks a significant milestone in its journey to diversify its funding sources and continue to strengthen its presence in the international markets For details, please refer to the press release enclosed hereto.