DUBAI, May 11 (Reuters) - Oman plans to sell its first sovereign Islamic bond, an issue of 200 million rials ($520 million) of sukuk, through a private placement and will launch subscriptions soon, an Omani official was quoted as saying on Monday.
Tahir Salim al-Amry, director-general of treasury and accounts at the Ministry of Finance and head of the committee arranging the issue, told the Times of Oman that it had received in-principle regulatory approval and was now in advanced stages of structuring and documentation.
Bank Muscat
(Reporting by Andrew Torchia; Editing by David French) ((andrew.torchia@thomsonreuters.com; +9715 6681 7277; Reuters Messaging: andrew.torchia.thomsonreuters.com@reuters.net))
Keywords: OMAN SUKUK/