Bahri announces full redemption of its Sukuk worth SR3.9 bln

The National Shipping Company of Saudi Arabia (Bahri) is pleased to announce the full redemption of its Sukuk due on 30th of July 2022. The payment process was funded through Sukuk refinance with the same amount worth SR 3.9 billion and announced the completion of the offer in 1443/12/07 Hejri (corresponding to 06/07/2022G).

The company added that number of redeemed sukuk is 3900.

The financial impact of this transaction will appear in the results of Q3, 2022.