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Alinma Bank gears up for issuing a local currency AT1 sukuk as part of a broader SAR 5 billion ($1.33 billion) program.
The offering’s size and pricing hinges on market conditions.
Alinma Capital and HSBC were tapped as joint lead managers on the potential transaction.
The only other such issuance in April 2026 was made by the Saudi Investment Bank .
(Writing by Ahmad Mousa; editing by Seban Scaria)
