The Sultanate of Oman is poised to raise USD2.5bn after launching five andten0-year bonds, according to a lead. A USD1bn five-year note will price at 245bp over mid-swaps, while a USD1.5bn 10-year tranche has launched at plus 320bp. Earlier, the sovereign was marketing the five-year note at plus 250bp area and the 10-year tranche at plus 325bp area. Both bonds had price ranges of plus or minus 5bp. That followed price guidance of plus 262.5bp area on the five-year tranche and at plus 337.5bp area on the 10-year note. Initial price thoughts were mid-to-high 200s over mid-swaps and plus mid-300s, respectively. (Reuters)