Markets
Bonds comprise 3 tranches with tenors of 7, 12, and 30 years
The IPO on Saudi bourse Tadawul will be 50.045 mn shares
Price guidance set at 105 basis points over Treasuries for the Sukuk
Offering will correspond to a 29.24% of the company's shares on Tadawul
Its market value reached about $2.8 trillion in 2021
Single-stock futures will allow for more efficient portfolio risk management
The IPO order book was 47.5 times oversubscribed
Alamar to raise about 1.2 billion riyals by offering some shares on Tadawul
Bin Talal's share in the company's capital declines to 78.13%
21 total listings in 2021, with volume offerings amounting to SAR31 billion
Net profit amounted to 587.7 million riyals ($156.64 million) at the end of 2021
CMA approves listing of over 70M shares from several companies
