Middle East Economic Survey

VOL. XLVIII

No 26

27-June-2005

Oman

Oman LNG Refinancing Signed With 24 Mandated Lead Arrangers

Oman LNGs $1.3bn refinancing loan was signed earlier this month, and the deal exhibits the large mandated lead arranger group and low margins which have become typical in the region (MEES, 28 March). The pricing, which has a 15-year tenor, is at 40-70 bps with fees at 10-65 bps. The mandated lead arrangers are ABC, ABN Amro, Apicorp, Arab Bank, Bank Dhofar, Bank Muscat, BBVA,...