Back
Listed
Sukuk
Wakalah
Green / ESG
Saudi Electricity USD 1.2bn Green Sukuk 2030
Saudi Electricity Company · Saudi Arabia
Green sukuk funding Saudi Arabia's grid modernisation and smart metering rollout.
Key terms
- Issuer profile
- Saudi Electricity Company
- ISIN
- XS2242205680
- Structure
- Wakalah
- Issue size
- $1.2B
- Ccy
- USD
- Minimum investment
- $200,000
- Payment frequency
- semi-annual
- Listing venue
- London Stock Exchange
- Governing law
- English law
Pricing
- Profit rate
- 5.10% (fixed)
- Indicative price
- 99.25
- Yield to maturity
- 5.338%
- Spread
- 110 bps
- Ratings
- A1 / A+
Key dates
- Issue date
- 2 Apr 2025
- Maturity date
- 2 Apr 2030
- Tenor
- 5 years
Shariah information
- Shariah advisor
- SEC Shariah committee
- AAOIFI aligned
- ✓
- Underlying asset
- Wakalah portfolio of transmission and distribution assets
- Use of proceeds
- Renewable energy, smart metering and grid efficiency projects