Oman’s BankMuscat plans dollar-denominated benchmark notes

By Rebecca Melvin

New York, March 1 – BankMuscat announced plans to price a dollar-denominated benchmark note under its euro medium-term note program, according to a company news release on Thursday.

The bank has mandated Bank ABC, BankMuscat, Citigroup, Credit Agricole CIB, Emirates NBD Capital, First Abu Dhabi Bank, HSBC and ICBC Standard Bank to organize fixed-income investor meetings starting on March 4.

A Regulation S bond offering will follow with size and maturity subject to market conditions.

BankMuscat is a financial services company based in Oman.

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