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Oman names bookrunners for up to $2 billion offering of five-, 10-, 30-year notes
By Christine Van Dusen
Atlanta, Feb. 24 – Oman has mandated Alizz, Citigroup, Dubai Islamic Bank, Gulf International Bank, HSBC, JPMorgan and Standard Chartered Bank as the bookrunners for its offering of up to $2 billion of five-, 10- and 30-year notes, a market source said.
The proceeds from the issue will be used to address the sultanate’s budget deficit.
A roadshow for the Rule 144A and Regulation S deal started Friday.
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