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Jabal Omar Development Company announces the full and final redemption of its Sukuk

Introduction
Jabal Omar Development Company announces the full and final redemption of its Sukuk of the aggregate face amount of USD 135,000,000

Offer Type
Sukuk certificates

Value of the redeemed (sukuk bonds)
USD 67,500,000

Percentage of Redeemed (Bonds/Sukuk) out of Total Issued (bonds/sukuk)
50 %

Number of redeemed (bonds/sukuk)
337.5 Suk

Issuance Date
2018-11-15 Corresponding to 1440-03-07

Trading End Date
2023-11-15

Sukuk Par Value at Redemption Date
200,000 USD

Total issuance value after redemption
Zero

Date of Depositing the Amounts in the (Bonds/Sukuk) Holders Accounts
2023-11-24 Corresponding to 1445-05-10

Name of the Entity Responsible for the Deposit and Contact Details
The Paying Agent”
HSBC Bank plc
8 Canada Square
London E14 5HQ
United Kingdom
Fax Number: +44 845 587 0429
Email: ctla.csm@hsbc.com; ctla.payingagency@hsbc.com
Attention: The Senior Manager, CT Client Services, Corporate Trust & Loan Agency

Other Disclosures

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Jabal Omar Development Company announces that it has obtained an initial permit from the Ministry of Hajj and Umrah to provide service to pilgrims abroad

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