Riyad Bank announces its intention to issue U.S. dollar denominated tier 2 capital sustainable notes under its medium term note programme

Core Viewpoint - Riyad Bank plans to issue U.S. dollar denominated tier 2 capital sustainable notes under its medium term note programme, targeting eligible investors both domestically and internationally [1] Group 1: Issuance Details - The issuance is based on a Board of Directors resolution dated 05/02/1446H, which corresponds to 09/08/2024G [1] - The notes will be offered to eligible investors in the Kingdom of Saudi Arabia and internationally [1] Group 2: Joint Lead Managers - The Bank has appointed several financial institutions as Joint Lead Managers for the Proposed Offer, including First Abu Dhabi Bank PJSC, BBVA, DBS Bank Ltd, Emirates NBD Capital, HSBC Bank plc, Merrill Lynch Kingdom of Saudi Arabia, Mizuho International plc, Riyad Capital, SMBC Bank International plc, and Standard Chartered Bank [2]