Oman's Bank Muscat gives initial price guidance for dollar bond - lead | ZAWYA MENA Edition

Oman's Bank Muscat gives initial price guidance for dollar bond - lead | ZAWYA MENA Edition:

"Oman's Bank Muscat has given initial price guidance for a planned five-year U.S. dollar-denominated bond at 250 basis points over mid-swaps, a document by one of the banks leading the deal showed on Wednesday. Oman's largest lender is expected to price later on Wednesday a senior unsecured, Regulation S benchmark bond, the document said. Benchmark transactions are generally upwards of $500 million. Bank ABC, Bank Muscat, Citi, Credit Agricole CIB, Emirates NBD Capital, First Abu Dhabi Bank, HSBC and ICBC Standard Bank are the joint bookrunners."



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