Saudi Arabia's Capital Market Authority approved Riyad Bank's application to register and publicly offer debt instruments under a program with a total value not exceeding SAR 10 billion. The approval covers a program structure under which the bank can issue debt instruments, and a prospectus will be published sufficiently in advance of the subscription period. The prospectus will include the information investors need before making an investment decision, including Riyad Bank's financial statements, information on its activities and management, and details of the issuance program. The authority said its approval is not a recommendation to subscribe to the offering or to the debt instruments, but confirmation that the application met the legal requirements under the Capital Market Law and its implementing regulations. The approval remains valid for six months from the board resolution date and will be cancelled if the offering and listing of the first intended tranche are not completed within that period.
Saudi Arabia Capital Markets Authority2026-06-15
Saudi Arabia Capital Market Authority approves Riyad Bank debt instruments program and public offering up to SAR 10 billion
Saudi Arabia's Capital Market Authority approved Riyad Bank's application to register and publicly offer debt instruments under a program capped at SAR 10 billion. A prospectus will be published before subscription opens, and the approval remains valid for six months from the board resolution date. It will lapse if the first tranche is not offered and listed within that period.