Saudi Electricity Global Sukuk Company 4, founded in 2019, operates as a key financing arm for Saudi Electricity Company based in Riyadh, Saudi Arabia, aimed at facilitating capital generation through Islamic finance instruments. The company primarily offers Sukuk, or Sharia-compliant bonds, which are structured to comply with Islamic law while providing crucial funding for electricity infrastructure projects.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SECO 4.72% 2028-09-27 USDSaudi Electricity Global Sukuk Company 4 | Cayman Islands | 2028-09-27 | 4.723 | 4.08 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Saudi Electricity Global Sukuk Company 4 has embarked on a notable issuance journey, launching several Sukuk offerings that align with the Kingdom’s Vision 2030 initiatives. Among these, the 2021 issuance of SAR 3 billion showcased innovative features such as dual-tranche structuring, catering to diverse investor profiles. Current yields remain competitive within the industry, reflecting the strong credit ratings linked to Saudi Electricity Company, positioning it as a preferred investment choice in the regional Sukuk market.