Post Stabilisation Notice
Summary by AI BETAClose X
HSBC Bank plc announced on October 3, 2025, that no stabilization was undertaken by the Stabilisation Manager in relation to Saudi Awwal Bank's securities offering. The aggregate nominal amount of the securities is USD 1,250,000,000 with a coupon rate of 5.947% due on September 4, 2035. The offer price was 100. HSBC Bank plc acted as the Stabilizing Manager. This announcement is for informational purposes only and does not constitute an invitation or offer to acquire any securities of the Issuer.
HSBC Bank plc
03 October 2025
3rd October 2025
Saudi Awwal Bank
HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice that no stabilisation was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.
|
Issuer: |
Saudi Awwal Bank |
|
Guarantor (if any): |
na |
|
Aggregate nominal amount: |
USD 1,250,000,000 |
|
Description: |
5.947% due 4th September 2035 |
|
Offer price: |
100 |
|
Stabilising Manager: |
HSBC Bank plc |
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction
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RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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