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Omantel sets roadshow for five- and 10-year notes in dollars
By Rebecca Melvin
New York, April 5 – Oman Telecommunications Co. SAOG (Omantel) has mandated banks and scheduled a roadshow for a planned two-tranche benchmark offering of five- and 10-year notes, according to a syndicate source.
Citigroup and Credit Suisse as global coordinators and Bank ABC, Bank Muscat, HSBC and Standard Chartered Bank as joint lead managers are organizing a series of fixed-income investor meetings for the Rule 144A and Regulation S deal in Dubai, London, New York and Boston beginning on April 8.
Pricing, subject to market conditions, will occur after the meetings wrap up on April 11.
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