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Pin to quick picksStandard Chartered Share News (STAN)

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Oman hires banks for sukuk in second international debt foray of 2021, document shows

Mon, 07th Jun 2021 07:17

DUBAI, June 7 (Reuters) - Oman has hired banks for its
second international bond sale of the year, a planned issuance
of nine-year U.S. dollar-denominated sukuk, a document showed on
Monday.

Oman hired Citi, Gulf International Bank, HSBC
, Standard Chartered, Bank ABC and Bank Muscat
to arrange investor calls starting on Monday, the
document from one of the banks showed. An issuance of sukuk, or
Islamic bonds, will follow, subject to market conditions.

(Reporting by Yousef Saba; Editing by Edmund Blair)

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