Riyad Bank announces its intention to issue U.S. dollar denominated tier 2 capital sustainable notes under its medium term note programme
Introduction Riyad Bank (the “Bank”) announces its intention to issue U.S. dollar denominated tier 2 capital sustainable notes (the “Notes”) under its medium term note programme established by it on 05/01/2026G, based on its Board of Directors resolution dated 05/02/1446H (corresponding to 09/08/2024G). The issuance of Notes will be by way of an offer to eligible investors in the Kingdom of Saudi Arabia and internationally (the “Proposed Offer”). The Bank has mandated First Abu Dhabi Bank PJSC, Ban ...