Dar Al-Arkan Sukuk Company
Ltd.
U.S.$600 million Trust Certificates due
2025 (ISIN: XS2066049219);
U.S.$400 million Trust Certificates due
2026 (ISIN: XS2491049651);
U.S.$400 million Trust Certificates due
2027 (ISIN: XS2124942595); and
U.S.$600 million Trust Certificates due
2029 (ISIN: XS2648078322)
(together, the
"Certificates")
issued under the
U.S.$2,500,000,000
Trust Certificate Issuance Programme (the
"Programme")
27 June 2024
NOTICE IS HEREBY GIVEN by Dar Al-Arkan Sukuk
Company Ltd. (the "Trustee") that it has received notice
from:
·
Deutsche Bank AG, London Branch (the "Principal Paying Agent") and Deutsche
Bank Luxembourg S.A. (the "Registrar and Transfer Agent" and
together with the Principal Paying Agent, the "Agents") that the Agents intend to
resign from their roles as Principal Paying Agent and Registrar and
Transfer Agent, respectively (the "Resignations"); and
· Deutsche
Trustee Company Limited (the "Delegate") that the Delegate intends to
retire from its role as Delegate (the "Retirement"),
each under the Programme and the
Certificates.
HSBC Bank plc has been appointed as a successor
for the Agents and the Delegate (the "Appointments"), with the Resignations,
Retirement and Appointments taking effect from 18 July
2024.
For further information, please
contact:
Directors
Dar Al-Arkan Real Estate Development
Company
Maathar Street
P.O. Box 105633, Riyadh 11656
Kingdom of Saudi Arabia
