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FINANCIAL NEWS
Oman Oil Co. closes USD1bn pre-export finance facility
20 Sep 2017
(MENAFN) A deal for issuing USD1bn finance facility was inked by Oman Oil Co. Exploration and Production with pioneering lending institutions to fund its expansion programs.
Moreover, the new financing deal is structured as a crude oil pre-export facility with a tenor of 5 years and contains an accordion option to allow extra funding of USD500mn.
Meanwhile, the transaction attracted keen interest from the global finance community and closed oversubscribed by a group of global banks.
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BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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