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FINANCIAL NEWS
Oman’s Bank Sohar closes OMR100mn bond issue
27 Sep 2017
(MENAFN) Bank Sohar closed OMR100mn bond issue recently, which was oversubscribed and also offered more than 100.000 perpetual bonds.
In addition, it also offered Additional Tier I Capital Instruments on a private placement basis, at a price of OMR1.000 per capital security.
Accordingly, the bank proclaimed that the Capital Market Authority has confirmed the results of the issue and agreed to collect the bonds to subscribers in line with the terms and conditions of the prospectus.
MENAFN2709201700450000ID1095900816
MENAFN2709201700450000ID1095900816
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