Arabian Centres Sukuk II Limited, founded in 2019 and based in Riyadh, Saudi Arabia, serves as a prominent issuer of Sukuk (Islamic bonds) aimed at diversifying funding sources for the Arabian Centres Company. The company specializes in the development and management of shopping malls and retail infrastructure across the Kingdom, offering key investment opportunities in the growing retail sector.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ARACEN 5.63% 2026-10-07 USDArabian Centres Sukuk II Limited | Guernsey | 2026-10-07 | 5.625 | 6.09 |
| ARACEN 5.63% 2026-10-07 USDArabian Centres Sukuk II Limited | Germany | 2026-10-07 | 5.625 | 6.09 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its establishment, Arabian Centres Sukuk II Limited has been an active player in the Sukuk market, with its inaugural bond issuance in 2020, which raised approximately SAR 1.5 billion. In 2023, the company announced a significant Sukuk offering of SAR 2 billion, notable for its competitive yield of 3.7%, aligning closely with industry averages at the time. This issuance, part of a broader strategy to refinance existing debt and fund expansion, highlights the issuer's commitment to strategic growth in the retail space. Furthermore, it has embraced innovative features such as green Sukuk, catering to socially responsible investors.