Saudi Telecom Company (STC), founded in 1998 and headquartered in Riyadh, is a prominent telecommunications provider in the Middle East offering a wide range of services including mobile, landline, and internet solutions. The company aims to enhance connectivity and digital services in Saudi Arabia and beyond, positioning itself as a key player in the telecom landscape.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| STCAB 3.89% 2029-05-13 USDSaudi Telecom | Saudi Arabia | 2029-05-13 | 3.890 | 4.27 |
| STCAB 3.89% 2029-05-13 USDSaudi Telecom | Saudi Arabia | 2029-05-13 | 3.890 | 4.33 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
STC first entered the bond market in 2008, establishing itself as a reliable issuer with a focus on supporting its expansion and infrastructure projects. One notable issuance was the SAR 10 billion bond in 2020, which was well-received and reflected strong investor confidence, boasting competitive yields compared to the telecom industry average. The company has continued to issue corporate bonds, and its latest series has highlighted green financing initiatives, underscoring STC's commitment to sustainability while providing investors with attractive risk-return profiles amidst evolving market conditions.