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LONDON - J.P. Morgan Securities PLC announced Thursday that no stabilisation measures were undertaken for Alinma AT1 Sukuk Limited’s recent $500 million securities offering, according to a post-stabilisation notice.
The perpetual non-call 5.5-year Additional Tier 1 Mudaraba Sukuk Capital Certificates, guaranteed by Alinma Bank, were listed on the London Stock Exchange’s International Securities Market (ISM) with an offer price of 100.000%.
J.P. Morgan Securities PLC served as the stabilisation coordinator for the offering, while Abu Dhabi Islamic Bank, Alinma Capital Company, Dubai Islamic Bank, Emirates NBD Capital, Goldman Sachs, and Standard Chartered Bank acted as stabilisation managers.
The announcement follows a pre-stabilisation period announcement dated August 27, 2025. Stabilisation measures, which can include transactions to support the market price of securities during the initial offering period, were not implemented for this issuance.
The sukuk certificates represent a form of Islamic financing that complies with Sharia principles. AT1 (Additional Tier 1) securities are debt instruments that banks issue to strengthen their capital position and meet regulatory requirements.
This information was provided in a press release statement distributed through the London Stock Exchange’s news service.
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