RNS Number : 4861R
BankMuscat (S.A.O.G)
08 March 2021
Date: 8th March 2021
Euro Medium Term Note (EMTN) Programme
Muscat: 8 March 2021: Bank Muscat is planning to raise US Dollar funds under its existing Euro Medium Term Note (EMTN) programme which is listed on the Ireland Stock Exchange. The Bank has appointed a number of leading banks to act as Joint Lead Managers and Book Runners to arrange a series of meetings with fixed income investors, to be conducted after this disclosure. A Regulation S only benchmark 5-year bond issuance will follow subject to market conditions. The issuance is designed to support long term US dollar funding requirements of the Bank for project finance and wider asset growth.
Waleed K. Al Hashar
Chief Executive Officer
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