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Saudi Regulator OKs Al Rajhi Banking and Investment's Debt Offering

MT Newswires·12/30/2025 23:17:41
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11:17 PM EST, 12/30/2025 (MT Newswires) -- Saudi lender Al Rajhi Banking and Investment (SASE:1120) secured the Saudi Capital Market Authority's approval for its proposed public offering of Raya Financing Co's debt instruments worth up to 500 million Saudi riyals. The regulator's approval will remain valid for six months from the date of its board resolution, according to a Tuesday release.