OAB’s RO50mn bonds issue oversubscribed
- Date: 18-Oct-2023
- Source: Muscat Daily
- Sector:Financial Markets
- Country:Oman
OAB’s RO50mn bonds issue oversubscribed
Muscat – Oman Arab Bank (OAB) has successfully closed a new RO40mn subordinated perpetual additional tier 1 bond issuance with a green shoe option of RO10mn to meet strong investor demand. The bond attracted an overwhelming response from investors and was oversubscribed by 60%, Oman Arab Bank said in a press statement. The bonds will […]