Oman expected to raise $1.5bln in year's second international debt sale | ZAWYA MENA Edition
Oman is expected to sell $1.5 billion in nine-year sukuk, or Islamic bonds and tightened price guidance after it received more than $8.5 billion in orders for its second international debt sale of the year, a document showed on Tuesday.
Citi, Gulf International Bank, HSBC, Standard Chartered, Bank ABC and Bank Muscat are arranging the deal, which is expected to launch later on Tuesday, according to the document from one of the banks on the deal.
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