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BSF Successfully Completes SAR 2.5 Billion Additional Tier 1 Sukuk Issuance

17/Nov/2025
Riyadh – 10 November 2025
BSF has announced the successful completion of its SAR 2.5 billion Additional Tier 1 (AT1) sukuk issuance, reinforcing the bank's capital base and further diversifying its funding sources. The transaction received strong demand from the local market. The demand was well diversified, reflecting continued confidence in the bank's financial strength and growth prospects from all types of investors.
The sukuk carries a fixed profit rate of 6.4% and features a first call date in November 2030, providing the bank with enhanced long-term capital flexibility. This issuance is a key part of BSF’s ongoing strategy to bolster its capital position and support its strategic objectives.
BSF Capital acted as the lead manager and bookrunner for the transaction.
The successful completion of this sukuk follows a year marked by significant diversification of the bank's funding sources and proactive management of its capital structure, underscoring BSF's disciplined approach to securing long-term, sustainable capital and funding.
This transaction represents an important milestone in BSF’s continued efforts to support business growth and enhance its presence in the Kingdom’s capital markets, further solidifying its position as a leading financial institution in the region.

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