The Ministry of Finance is pleased to announce the successful pricing of the second issuance under the Kingdom of Saudi Arabia's Global Medium-Term Note Programme. The total amount of the second issuance has been sized at U.S.$ 12.5billion (equivalent to SAR 46.9 billion) consisting of three tranches of Notes as follows: U.S.$ 3 billion (equivalent to SAR 11.3 billion) Notes maturing 2023, U.S.$ 5 billion (equivalent to SAR 18.8 billion) Notes maturing 2028, and U.S.$ 4.5 billion (equivalent to SAR 16.9 billion) Notes maturing 2047. The issuance received significant interest from international and local investors, with the orderbook peaking at U.S.$ 40 billion (equivalent to SAR 150 billion). The issuance is expected to settle on or about 4 October 2017. This announcement is not being made in and copies of it may not be distributed or sent into the United States, Canada, Australia or Japan. This press release does not constitute an offer in the Kingdom of Saudi Arabia or any other countries, of the securities mentioned above. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Kingdom of Saudi Arabia does not intend to register any of the securities in the United States or to conduct a public offering of the securities in the United States. The securities will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act and outside the United States pursuant to Regulation S under the Securities Act.
