Oman widens pricing for $1bn loan after ratings downgrade

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Oman widens pricing for $1bn loan after ratings downgrade

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

The Sultanate of Oman has widened the pricing of its $1bn loan by 10bp to encourage banks to lend, after the sovereign was downgraded by Standard & Poor's in November.

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