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Published on 6/29/2016 in the Prospect News Emerging Markets Daily.

New Issue: Oman prices $500 million 3½% six-year Islamic bonds

By Christine Van Dusen

Atlanta, June 29 – Oman priced $500 million Islamic bonds due July 14, 2022 with a 3½% coupon on Wednesday, a market source said.

Standard Chartered Bank was the bookrunner for the sukuk.

Other details were not immediately available on Wednesday.

Issuer:Oman
Amount:$500 million
Maturity:July 14, 2022
Description:Islamic bonds
Bookrunner:Standard Chartered Bank
Coupon:3½%
Trade date:June 29
Settlement date:July 14

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