02:14 AM EDT, 09/01/2026 (MT Newswires) -- Arab National Bank (SASE:1080) said Tuesday that it intends to issue US dollar-denominated additional tier 1 capital sukuk via an offer to eligible investors. The Saudi bank will use the funds for general banking purposes, as well as to improve its tier 1 capital. The amount and terms of the offer will be determined later on the basis of market conditions. ANB Capital, Arab Bank, Arqaam Capital, ASB Capital, Citigroup Global Markets, Goldman Sachs International, HSBC Bank, Mizuho International, Standard Chartered Bank and Warba Bank are acting as joint lead bookrunners in the offering.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.