Oman Bond Issue Oversubscribed
The first Omani international bond issue, worth $225mn, wastwice oversubscribed according to JP Morgan, the US investment bank which advised thegovernment. The issue was raised from an initial $150mn and was priced at a benchmark73bps over US Treasuries. The five-year eurobond, the first sovereign to be offered by aGCC state, was given a BBB- rating with a stable outlook by US ratings agency Standard andPoor's (MEES, 24...
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