Bank Muscat’s second bite at the loan market

04 Aug 2011

Oman’s Bank Muscat has signed a $300m three year syndicated loan just two months after raising a $250m one plus one facility in May.

Bank of America Merrill Lynch, Commerzbank, Filiale Luxemburg, Crédit Agricole, HSBC, Standard Chartered and Wells Fargo were bookrunners and mandated lead arrangers one the lastest loan which offered a margin of 150bp. It will use the loan for general corporate purposes including trade finance.

Commerzbank co-ordinated the transaction and ...

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