Bank Muscat selects banks for dollar bond -sources

By Kitco News / February 26, 2018 / www.kitco.com / Article Link

DUBAI, Feb 26 (Reuters) - Bank Muscat , Oman's largest lender, has picked banks including HSBC, Bank ABC and First Abu Dhabi Bank to arrange a dollar-denominated bond issue, sources familiar with the matter said on Monday.

The bank last year raised a $525 million syndicated loan, which was coordinated by Bank ABC and National Bank of Abu Dhabi, the lender recently merged to create First Abu Dhabi Bank.

Bank Muscat, Bahrain-based Bank ABC and United Arab Emirates-based FAB were not immediately available to comment. HSBC declined to comment.


(Reporting by Davide Barbuscia and Tom Arnold, editing by David Evans)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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