Published on 7/17/2015 in the Prospect News Emerging Markets Daily.
New Issue: Oman’s Renaissance Services prices $125 million 7.9% perpetual notes
By Christine Van Dusen
Atlanta, July 17 – Oman’s Renaissance Services SAOG sold $125 million 7.9% perpetual notes at par to yield 7.9% on Thursday, a market source said.
Bank Sohar SAOG, National Bank of Oman SAOG and Standard Chartered Bank were the bookrunners for the Regulation S deal.
The issuer provides services to the oil and gas industry.
Issuer: | Renaissance Services SAOG
|
Amount: | $125 million
|
Maturity: | Perpetual
|
Description: | Notes
|
Bookrunners: | National Bank of Oman SAOG, Bank Sohar SAOG, Standard Chartered Bank
|
Coupon: | 7.9%
|
Price: | Par
|
Yield: | 7.9%
|
Trade date: | July 16
|
Settlement date: | July 29
|
Distribution: | Regulation S
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.