Here’s a look at receiving banks for Saudi Home Loans IPO

27/03/2022 Argaam
Logo ofSaudi Home Loans Co.

Logo of  Saudi Home Loans Co. 


Retail investors will start today, March 27, subscription to 3 million shares of Saudi Home Loans Co. (SHL) at SAR 20 a share.

 

The price was determined through the book-building process.

 

SHL announced earlier plans to sell 30 million shares, or 30% of its 100 million share capital, in an initial public offering (IPO).

 

The list of the receiving banks for the IPO includes Al Rajhi Bank, Riyad Bank and Arab National Bank (ANB).

 

For More IPOs

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