CHAIRMAN: DR. KHALID BIN THANI AL THANI
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Oman's Bank Muscat picks banks for potential bond

Published: 07 Mar 2013 - 02:58 pm | Last Updated: 03 Feb 2022 - 06:51 pm

DUBAI: Bank Muscat, Oman's largest lender, has picked six banks to arrange meetings with fixed income investors ahead of a potential benchmark-sized bond issue, a lead manager said on Thursday.
 
The lender has chosen Citigroup, Credit Agricole , Deutsche Bank, HSBC, National Bank of Abu Dhabi and Standard Chartered for the roadshows, which will take place between March 12-18. They will take place in Europe, Asia and the Middle East.
 
A potential dollar-denominated bond could follow the meetings, subject to market conditions.
 
Benchmark-size is traditionally understood to mean $500 million or more. (Reuters)