Almarai Co., Ltd., founded in 1977 and headquartered in Riyadh, Saudi Arabia, is a leading food and beverage company dedicated to providing high-quality dairy, juice, and bakery products. The company operates a diversified portfolio that includes milk, yogurt, cheese, and a range of juice beverages, contributing to its status as a household name in the Middle East.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ALMARA 5.23% 2033-07-25 USDAlmarai Co., Ltd. | Saudi Arabia | 2033-07-25 | 5.233 | 4.78 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Almarai began issuing bonds to finance its growth initiatives in 2017 and has since established itself as a prominent player in the bond market. Notably, in 2020, Almarai issued a SAR 3 billion Sukuk, which saw strong demand and was oversubscribed, reflecting investor confidence in the company's robust financial health. The yields on Almarai's bonds remain competitive within the food and beverage sector, typically around 3-4%, while the company has maintained a strong credit rating, indicating solid operational performance and strategic management.