--- title: "Saudi’s Alrajhi Bank launches $1bln 3-year sustainability commodity term loan" type: "News" locale: "en" url: "https://longbridge.com/en/news/296436553.md" description: "Saudi Arabia's Alrajhi Bank has launched a $1 billion, three-year sustainability commodity murabaha term loan priced at 80bps over SOFR. Global coordinators include Citigroup, Emirates NBD, Mashreq Al Islami, and Sumitomo Mitsui Banking Corp. Proceeds will fund eligible sustainable projects under the bank's framework. Commitments are due by September 14." datetime: "2026-08-20T04:58:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296436553.md) - [en](https://longbridge.com/en/news/296436553.md) - [zh-HK](https://longbridge.com/zh-HK/news/296436553.md) generator: "portal-rs" --- # Saudi’s Alrajhi Bank launches $1bln 3-year sustainability commodity term loan By Staff Writer Saudi Arabia’s Alrajhi Bank, rated Aa3/A/A (Moody’s/S&P/Fitch), has launched a $1 billion three-year sustainability commodity murabaha term loan paying 80bps over SOFR. Citigroup, Emirates NBD, Mashreq Al Islami and Sumitomo Mitsui Banking Corp are the global and sustainability financing coordinators, and mandated lead arrangers and bookrunners of the bullet financing, which has an unspecified greenshoe option, LPC added. Commitments are due by September 14, with proceeds meant to fund eligible sustainable projects in compliance with the lender’s sustainable finance framework, the report further added. The Saudi-listed bank raised $1.16 billion last October in a similar murabaha financing, according to LSEG LPC data. (Writing by Bindu Rai, editing by Seban Scaria) bindu.rai@lseg.com ### Related Stocks - [C.US](https://longbridge.com/en/quote/C.US.md) - [SMFG.US](https://longbridge.com/en/quote/SMFG.US.md) - [8316.JP](https://longbridge.com/en/quote/8316.JP.md) - [LSEG.UK](https://longbridge.com/en/quote/LSEG.UK.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) ## Related News & Research - [Lyntris Prices IPO at $17.50, Nets $69.5 Million in Evercore- and Citi-Led Underwriting](https://longbridge.com/en/news/296617491.md) - [SMBC Nikko lifts Japan FY2026 real GDP growth view to 0.8% on lower crude oil imports](https://longbridge.com/en/news/296453375.md) - [A new look and fresh merch are winning customers back at Target as sales rebound](https://longbridge.com/en/news/296379065.md) - [Lument Finance (LFT) Q2 2026 Earnings Call Transcript](https://longbridge.com/en/news/296563323.md) - [Equity Residential amends $2.5 billion revolving credit facility, assumes AvalonBay obligations](https://longbridge.com/en/news/296141658.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**