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...