15 Mar 2021 07:00
RNS Number : 1831S
BankMuscat (S.A.O.G)
14 March 2021
Date: 14th March 2021
Euro Medium Term Note (EMTN) Programme
We refer to our disclosure dated 8th March 2021, and are pleased to inform the market that Bank Muscat successfully closed a 5-year USD 500 million bond issuance under its Euro Medium Term Note (EMTN) programme. The deal, which evoked strong response from regional and international investors was oversubscribed nearly four times, and carries a coupon of 4.75%. The bonds will be listed on the Irish Stock Exchange.
Waleed K. Al Hashar
Chief Executive Officer
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Bankmuscat Regs (BKM)