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Saudi bank drew a book over four times the size of its sukuk debut
Saudi Arabia’s wealth fund only paid around 5bp over the sovereign’s curve
More real estate debt on offer despite waning demand
Saudi Arabia's Alinma Bank plans a debut issuance in the subordinated format
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The Kingdom is facing budget deficits after 2022's surplus
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The UAE bank was the second top-rated Gulf lender to issue this week
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Books passed $3.6bn for the second Saudi bank sukuk of 2024
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Real estate company is different from others in the UAE that have sold sukuk
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The main comparable is Banque Saudi Fransi's sukuk from January