Omantel goes local with dual currency sukuk
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Emerging MarketsEM Middle East

Omantel goes local with dual currency sukuk

Oman px230

Oman Telecoms (Omantel) sold a $130m-equivalent sukuk via auction in the domestic market on Wednesday. Though the issuer could have achieved tighter pricing in the loan market, it wanted to aid the development of the sukuk market in Oman, said bankers.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article