Oman eyes new dollar-denominated bond offering, mandates banks

By Rebecca Melvin

New York, Aug. 31 – The Sultanate of Oman has reportedly mandated banks for a new issue of U.S. dollar-denominated bonds, according to a market source.

Citigroup, Standard Chartered Bank, Credit Agricole, First Abu Dhabi Bank, Emirates NBD and ABC BSC were said to have been selected to syndicate the deal, according to the source.

Further details were not immediately available.

The Gulf Cooperation Council member was last in the market for $6.5 billion of five-, 10- and 30-year bonds that priced in January.

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