Oman Electricity Holding Co launches second loan

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By Bianca Boorer
12 Oct 2017

Oman Electricity Holding Co (EHC) has launched its second loan this year as part of its plan to raise $2bn across six of its subsidiaries.

State owned EHC (also known as Nama Holding) first announced its plans to raise $2bn through a combination of loans and bonds in February.

Bank Muscat and JP Morgan are co-ordinating the financing for all six subsidiaries.

“The company is trying to combine all the grids and ...

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