Oman’s Mazoon Assets, Nama Electricity plan trust certificates, MTNs

By Marisa Wong

Los Angeles, Feb. 6 – Mazoon Assets Co. SAOC published an offering circular for a trust certificate issuance program on Monday.

Nama Electricity Distribution Co. SAOC also published an offering circular for a global medium-term note program.

Abu Dhabi Commercial Bank, Citigroup, J.P. Morgan and Standard Chartered Bank are the arrangers for both programs. Abu Dhabi Commercial Bank, Bank ABC, Bank Muscat, Citigroup, Deutsche Bank, J.P. Morgan and Standard Chartered Bank are the dealers for the Regulation S and Rule 144A programs.

Mazoon Assets is a subsidiary of Mazoon Electricity Co. SAOC, which has been renamed Nama Electricity. The electricity distribution company is based in Muscat, Oman.

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