By Rebecca Melvin
Concord, N.H., June 28 – The Sultanate of Oman’s Oman Sovereign Sukuk SAOC priced $1.75 billion 4 7/8% trust certificates due 2030 (expected ratings: Ba3//BB-) at par, according to a final term sheet.
The notes were priced under the company’s trust certificate program.
Standard Chartered Bank was the stabilizing manager for the issue, which was listed for trading on the London Stock Exchange on June 15.
| Issuer: | Oman Sovereign Sukuk SAOC
|
| Guarantor: | Sultanate of Oman
|
| Issue: | Trust certificates
|
| Amount: | $1.75 billion
|
| Maturity: | 2030
|
| Manager: | Standard Chartered Bank
|
| Distribution rate: | 4 7/8%
|
| Price: | Par
|
| Yield: | 4 7/8%
|
| Listing date: | June 15
|
| Ratings: | Moody’s: Ba3
|
| Fitch: BB-
|
| Distribution: | Rule 144A and Regulation S
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
