Oman loan splurge to test appetite and pricing

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By Bianca Boorer
04 May 2017

Oman Oil is set to bring a raft of financings to the syndicated loan market, and has begun by seeking to refinance the $1bn tranche from a $1.85bn loan it took out in 2014.

Omani entities have increased their international borrowing in the past two years as the fall in the oil price has eaten into government finances. Capital markets borrowing almost tripled in 2016, from $6.2bn in 2015 to $18bn, comprising $12.8bn in the syndicated loan market and $5.2bn in ...

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