VOL. XL
No. 10
10-March-1997
OMAN
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...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!