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Published on 2/23/2017 in the Prospect News Emerging Markets Daily.

Oman sets roadshow for up to $2 billion of bonds

By Christine Van Dusen

Atlanta, Feb. 23 – Oman will set out on Friday for a roadshow to market its upcoming offering of up to $2 billion of bonds (Baa1//BBB), a market source said.

The bonds are likely to be multi-tranche and could carry tenors of five, 10 and 30 years.

The proceeds from the Rule 144A and Regulation S deal will be used to address the sultanate’s budget deficit.

Other details were not immediately available on Thursday.


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