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Saudi Electricity's second $1 billion Sukuk redeemed

Ahmed Saleh

The second tranche of the Saudi Electricity Company's International Islamic Sukuk (the Sukuk), which was issued on April 8 and was valued at US$1 billion and traded on the London Stock Exchange, has been fully redeemed. The second quarter of 2023's financial statements will reflect the transaction's financial impact.

The company would like to express its gratitude to its investor base for placing their faith in the company, its board, and its top management.

The Sukuk will be taken off the London Stock Exchange's list.


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