NBO closes syndication, but Omani loans remain rocky
![Oman_Map_Globe_1March2017_Fotolia_230x150](https://assets.euromoneydigital.com/dims4/default/dfa6180/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fd4%2F16%2F2f4174deee6786619b918e8f19eb%2Foman-map-globe-1march2017-fotolia-230x150.jpg)
The National Bank of Oman (NBO) has closed a $300m syndicated loan, arranged by regional lenders. The loan was oversubscribed, revealing a reasonable amount of international demand for Omani debt despite a year of ratings downgrades and project postponements.
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