Oman Is Planning a Second Debt Sale in 2021 With Dollar Sukuk

Oman Is Planning a Second Debt Sale in 2021 With Dollar Sukuk

(Bloomberg) --

Oman has started talks with banks for a potential Islamic bond sale this year, according to people familiar with the matter.

The Gulf nation's discussions are still preliminary, the people said, asking not to be identified because the plans are private. Oman last tapped the international debt market in January, when it raised $3.25 billion. The country's debt is rated junk by all three major credit assessors.