The Saudi Arabia Capital Markets Authority has approved Al Rajhi Banking and Investment Company’s request to extend by an additional three months the validity of the Authority’s earlier approval for the registration and public offering of debt instruments under a programme with a maximum value of SAR 10 billion. The Authority reiterated that its approval should not be considered a recommendation to subscribe in the offering or the issuer’s debt instruments, and that the approval only indicates that the legal requirements under the Capital Market Law and its Implementing Regulations have been met.
Saudi Arabia Capital Markets Authority 2025-10-30
Saudi Arabia Capital Markets Authority extends Al Rajhi Banking and Investment Company’s SAR 10bn debt issuance programme approval by three months
The Saudi Arabia Capital Markets Authority has extended Al Rajhi Banking and Investment Company’s approval for the registration and public offering of debt instruments under a SAR 10 billion programme by three months. The Authority emphasized that this approval is not a recommendation to subscribe, but confirms compliance with legal requirements under the Capital Market Law and its Implementing Regulations.