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Oman Arab Bank calls 7¾% perpetual subordinated bonds
By Rebecca Melvin
Concord, N.H., Dec. 29 – Oman Arab Bank SAOG to redeem 30 million Omani real 7¾% perpetual subordinated bonds pursuant to a call option, according to an announcement.
The bonds, which were issued Dec. 29, 2016, are being redeemed at par plus interest on Jan. 29, 2022.
The lender is based in Muscat, Oman.
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