Saudi Electricity Global SUKUK Company 5, based in Saudi Arabia, was established to issue Sukuk for the Saudi Electricity Company, a major player in the nation's energy sector. This company primarily focuses on providing Sharia-compliant financing through innovative debt securities known as Sukuk.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SECO 1.74% 2025-09-17 USDSaudi Electricity Global SUKUK Company 5 | Cayman Islands | 2025-09-17 | 1.740 | 9.38 |
| SECO 2.41% 2030-09-17 USDSaudi Electricity Global SUKUK Company 5 | Cayman Islands | 2030-09-17 | 2.413 | 4.49 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Saudi Electricity Global SUKUK Company 5 has played a vital role in raising capital through bond issuances, with significant milestones such as its debut Sukuk issuance in 2015. The company has issued various Sukuk programs, including a notable SAR 6 billion issuance in 2021 to support infrastructure projects. Current yields on their Sukuk offerings remain competitive within the industry, reflecting the strong demand for Sharia-compliant investment options in the region. Recent news highlights the company's commitment to sustainable projects, positioning it favorably in the evolving market landscape.