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08/07/2026 04:20 AST
Saudi Arabia's stc Group won the Sukuk and Bond Deal of the Year 2025 award at the Saudi Capital Market Awards in recognition of its significant contribution to advancing the Kingdom's debt capital market.
The award follows stc's successful issuance of $2 billion in US dollar-denominated sukuk across two tranches: a $750 million five-year tranche with an annual yield of 4.489 percent, and a $1.25 billion 10-year tranche with an annual yield of 5.083 percent.
The sukuk were admitted to trading on the International Securities Market of the London Stock Exchange on Jan. 15.
The issuance attracted strong demand from a broad and diversified base of global investors, with total orders exceeding $8 billion from more than 300 investors, representing an oversubscription of more than four times.
The issuance reflects investor confidence in the group's resilient business model and strategy to strengthen its position as a leading regional digital enabler, while capitalizing on promising opportunities in infrastructure, enabling mega-projects, focusing on achieving sustainable growth based on operational efficiency, and maximizing shareholder value.
The Saudi Capital Market Awards recognize outstanding market participants whose contributions help advance the development of the Kingdom's capital market in line with the objectives of the Financial Sector Development Program.
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T
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| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ETIHADETISALAT | 65.45 | 0.15 (0.22 |
| ZAIN.KSA | 10.49 | 0.09 (0.86 |
| GOTELECOM | 88.20 | 0.20 (0.22 |
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