{
  "id": 5032448,
  "title": "Saudi Arabia raises $3.25 billion in two-tranche sukuk sale, IFR reports",
  "url": "https://urgent.news/2026/09/02/saudi-arabia-raises-3-25-billion-in-two-tranche-sukuk-sale-ifr-reports",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T06:38:21.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40437564/saudi-arabia-raises-325-billion-in-two-tranche-sukuk-sale-ifr-reports"
  },
  "original_language": "en",
  "account": null,
  "summary": "Saudi Arabia has successfully raised $3.25 billion through a two-tranche sale of US dollar-denominated Islamic bonds, or sukuk, according to IFR. This marks the kingdom's second debt market transaction this year and its first since tensions with Iran escalated. The issuance included $1.25 billion of five-year sukuk and $2 billion of 10-year sukuk, priced at final spreads of 70 and 80 basis points respectively over US Treasuries. Demand for the bonds was strong, with combined orders exceeding $15 billion, and the proceeds will be used for general domestic budgetary needs. Major global banks, including Citi, Goldman Sachs International, HSBC, JPMorgan, and Standard Chartered, acted as global coordinators and joint bookrunners, while several banks in the Middle East and Europe served as passive joint lead managers.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Pakistan, Saudi Arabia set $3bn target for agricultural, food exports",
        "url": "https://urgent.news/2026/08/30/pakistan-saudi-arabia-set-3bn-target-for-agricultural-food-exports",
        "published": "2026-08-30T13:37:07.000Z"
      },
      {
        "outlet": "Arabian Business",
        "title": "Saudi Arabia’s flagship tech event takes another ‘LEAP’",
        "url": "https://urgent.news/2026/08/30/saudi-arabias-flagship-tech-event-takes-another-leap",
        "published": "2026-08-30T16:20:18.000Z"
      },
      {
        "outlet": "Construction Week Online",
        "title": "Saudi Arabia’s New Murabba project replaces CEO amid strategic realignment",
        "url": "https://urgent.news/2026/08/31/saudi-arabias-new-murabba-project-replaces-ceo-amid-strategic",
        "published": "2026-08-31T06:09:12.000Z"
      },
      {
        "outlet": "The National Business",
        "title": "Turkey, Saudi Arabia and Pakistan hold first committee meeting under defence pact",
        "url": "https://urgent.news/2026/08/31/turkey-saudi-arabia-and-pakistan-hold-first-committee-meeting-under",
        "published": "2026-08-31T13:55:39.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}