Arabian Aramco Total Services Company Redeems 3.78% of its Semi-Annual Scheduled Sukuk Musharakah

Saudi-based Arabian Aramco Total Services Company (AATSC), a subsidiary of Saudi Aramco Total Refining and Petrochemical Company, has announced the partial redemption of its semi-annually scheduled Sukuk Musharakah on the 21st of December 2020, according to a Tadawul statement.

A total amount of SAR 141.746 million representing 3.78% of the total nominal value of the company’s Sukuk was distributed, according to the redemption schedule of the Sukuk prospectus issued on the 10th of September 2011, which was approved by the Capital Market Authority of Saudi Arabia. Subsequently, the nominal value of each Sukuk will be SAR 59,980 and the outstanding Sukuk principal will be SAR 2.249 billion.

AATSC had previously redeemed SAR 138.7 million representing 3.7% of the...