Element List | Explanation |
---|---|
Introduction | Saudi Arabian Mining Company (Maaden) announces that its subsidiary, Maaden Phosphate Company (MPC) has completely redeemed its Shariah compliant sukuk for the amount of SAR 3.5 billion |
Offer Type | Shariah compliant sukuk for the amount of SAR 3.5 billion |
Value of the redeemed (sukuk\ bonds) | SAR 3.5 billion |
Percentage of Redeemed (Bonds/Sukuk) out of Total Issued (bonds/sukuk) | 100 % |
Number of redeemed (bonds/sukuk) | 3,500 |
Issuance Date | 2018-02-20 Corresponding to 1439-06-04 |
Trading End Date | 2025/02/18 |
Sukuk Par Value at Redemption Date | SAR 3,500,000,000 |
Total issuance value after redemption | SAR 0 |
Date of Depositing the Amounts in the (Bonds/Sukuk) Holders Accounts | 2025-02-19 Corresponding to 1446-08-20 |
Name of the Entity Responsible for the Deposit and Contact Details | HSBC Saudi Arabia (paying agent) Email: isv.saudi@noexternalmail.hsbc.com |
Additional Information | The financial impact of this transaction will appear in the financial results of the 1st quarter 2025. |