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English news

12-Jan-2016

Omantel mandates banks to arrange fixed income meetings

According to unnamed sources, Omantel [OTL.OM] has mandated three banks to arrange meetings with fixed-income Sukuk investors. The company has picked Standard Chartered Bank as sole structuring advisor and HSBC, National Bank of Oman and Standard Chartered as joint placement agents. The transaction in question may be either denominated in USD or OMR. (Bloomberg)

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