Saudi National Bank, the kingdom's biggest lender, has mandated banks to organise a series of fixed income investor meetings ahead of the planned issuance of sustainable Islamic bonds or sukuk, a document seen by Reuters showed.

After the meetings, an offering of U.S. dollar-denominated five-year fixed-rate sustainable senior unsecured sukuk will follow, subject to market conditions, it said.

SNB has mandated Dubai Islamic Bank, Emirates NBD Capital, Goldman Sachs International, HSBC, Mizuho, SNB Capital and Standard Chartered Bank as joint lead managers and bookrunners. HSBC is also acting as sole ESG Agent, it said.

(Reporting by Hadeel Al Sayegh; Editing by Kim Coghill)