Bank Muscat Al-Ahli In $50Mn Syndicated Loan
Bank Muscat al-Ahli al-Omani (BMAO) announced on 23 July that it had become the firstOmani bank to raise a syndicated loan from the international market. The $50mn five-yearloan, signed in London on 25 July, was arranged by 20 American, European, Japanese andGulf Banks, lead-managed by Société Générale and HSBC. Sources at BMAO would notreveal the pricing of the loan and said only that it was "below 50bps." BMAO had...
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!