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HSBC Bank plc announced on 13 February 2026 that no stabilisation was undertaken by itself as Stabilisation Manager. This relates to the offer of USD 500,000,000 Fixed rate PerpNC5 securities by BAB USD AT1 Sukuk Limited and Bank Albilad, which had an offer price of 100.
| Date | 13 Feb 2026 |
| Time | 08:15:01 |
| Category | Miscellaneous |
| ID | 2555S |
13th February 2026
BAB USD AT1 Sukuk Limited
HSBC (contact: syndexecution@noexternalmail.hsbc.com) hereby gives notice that no stabilisation was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.
|
Issuer: |
BAB USD AT1 Sukuk Limited (the "Trustee") |
|
Bank: |
Bank Albilad (the "Bank") |
|
Aggregate nominal amount: |
USD 500,000,000 |
|
Description: |
Fixed rate PerpNC5 |
|
Offer price: |
100 |
|
Stabilising Manager: |
HSBC Bank plc |
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction