Riyad Bank offers USD-denominated T2 capital sustainable notes

Core Viewpoint - Riyad Bank is initiating the issuance of USD-denominated, Tier 2 capital sustainable notes, which will be listed on the London Stock Exchange's International Securities Market [2][4]. Group 1: Offer Details - The offer type consists of USD-denominated, Tier 2 capital sustainable notes [4]. - The exact amount and terms of the offer will be determined based on market conditions [3][5]. - The offer is set to start on January 7, 2026, and end on January 8, 2026 [4]. - The target investors include both local and international eligible investors [4]. Group 2: Management and Subscription - Joint lead managers for the offering include First Abu Dhabi Bank PJSC, Banco Bilbao Vizcaya Argentaria, S.A. (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 [4]. - The minimum subscription amount is set at $200,000, with increments of $1,000 [4]. - The notes have a par value of $200,000 and a maturity of 10 years, callable after 5 years [4]. Group 3: Redemption and Regulatory Compliance - The notes may be redeemed under certain conditions as specified in the offering circular [4]. - The offering may be conducted in reliance on Regulation S under the US Securities Act of 1933, as amended [4].