The buyback has slashed the size of the sukuk from $530 million to $397 million
Its subsidiary filed a lawsuit in November against the U.S. bank and others to recover losses suffered through its dealings with Malaysian state fund 1MDB.
Non-financial corporates raise $15.6billion, $1.8billion of which was raised by new market entrants
The company mandated HSBC Saudi Arabia as sole lead manager and bookrunner of the sukuk programme.
NWCA believes that the platform will become a critical piece of the financial infrastructure serving the Islamic economy
The lender has appointed Barclays, Boubyan Bank, Credit Agricole, QInvest, QNB Capital and Standard Chartered as joint bookrunners