Riyadh: The Saudi Electricity Company announced the successful issuance of international sukuk under its international Sukuk programme, totaling $2.4 billion. The issuance comprised three tranches: $500 million with a three-year maturity, $700 million with a six-year maturity, and $1.2 billion with a 10-year maturity.
According to Saudi Press Agency, the offering attracted strong demand from a broad and diverse base of international investors, with peak orders exceeding $10.1 billion, representing 4.2 times the total size. The sukuk followed a global virtual investor roadshow launched on January 14, 2026, which drew strong interest from investors across Asia, Europe, and the Middle East, and was successfully offered and priced the following day, January 15. It attracted a broad and diversified base of international investors, reflecting confidence in the company's creditworthiness at both regional and global levels within the energy sector.
This success is supported by the strength of the company's credit profile, backed by solid investment-grade ratings from leading global agencies, including Moody's Aa3 (stable outlook), Fitch A+ (stable outlook), and Standard and Poor's A+ (stable outlook).