Bank Muscat hires banks for dollar 5-year bonds - document

Bank Muscat has hired a group of international and regional banks to arrange an issuance of U.S. dollar-denominated five-year bonds

  
Image used for illustrative purpose only. An investor works on his computer on the trading floor of the Muscat Securities Market (MSM) in the Commercial Business District of Ruwi in Muscat

Image used for illustrative purpose only. An investor works on his computer on the trading floor of the Muscat Securities Market (MSM) in the Commercial Business District of Ruwi in Muscat

REUTERS/STR New

DUBAI- Bank Muscat has hired a group of international and regional banks to arrange an issuance of U.S. dollar-denominated five-year bonds, a document from one of the banks showed on Monday.

Bank ABC, Bank Muscat, Citi, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, JPMorgan, Mizuho, MUFG and Standard Chartered will hold investor calls starting on Monday, which will be followed by a benchmark senior unsecured issuance, subject to market conditions, the document showed.

(Reporting by Yousef Saba, editing by Louise Heavens) ((Yousef.Saba@thomsonreuters.com; +971562166204; https://twitter.com/YousefSaba))

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