Saudi Arabia closes two trenches of SR-dominated sukuk totaling $771m in July

RIYADH: Saudi Arabia’s National Debt Management Center has closed the issuance of SR2.9 billion ($771 million) SR-denominated sukuk in July.

In a statement, the office said the sukuk offering was divided into two tranches.

The first tranche has a size of SR480 million to mature in 2030, while the second one amounts to SR2.45 billion, maturing in 2034.