Oman to raise $2.85bn while 'still in the eye of the storm'

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Oman to raise $2.85bn while 'still in the eye of the storm'

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Oman Flag. Flag with a beautiful glossy silk texture. | DR - Fotolia

Oman, one of the most fiscally challenged sovereigns in the Gulf, is set to raise a $2.85bn commodity linked pre-payment facility. Natixis and Société Générale are expected to lead the transaction, according to bankers.

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