Tuesday 21 February 2017

Oman set to announce dollar bond issue this week –sources | Reuters

Oman set to announce dollar bond issue this week –sources | Reuters:

"The government of Oman is expected to announce the launch of a new U.S. dollar bond issue this week as it seeks to plug a budget deficit caused by low oil prices, sources familiar with the matter said on Tuesday.

Citi, HSBC, JP Morgan, Societe Generale and Standard Chartered have been appointed to lead the transaction, the sources said.

Telephone calls to Oman’s finance ministry went unanswered."



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