March 12, 2018 / 5:16 AM / 2 months ago

BRIEF-Bank Dhofar Seeks Shareholders Approval For $750 Mln EMTN Program

March 12 (Reuters) - BANK DHOFAR:

* CALLS SHAREHOLDERS MEETING ON MARCH 27 TO APPROVE RENEWAL AND UPDATE OF ESTABLISHMENT OF EMTN PROGRAMME IN AN INDICATIVE AMOUNT OF US$750 MILLION‍​

* WITHIN $ 750 MILLION AMOUNT, BANK MAY CONSIDER TO INCLUDE POSSIBILITY OF TIER-2 SUBORDINATED BONDS IN AN INDICATIVE AMOUNT OF UP TO $250 MILLION

* SEEKS SHAREHOLDERS APPROVAL FOR ISSUANCE OF ADDITIONAL TIER 1 PERPETUAL BONDS IN AN AMOUNT OF UP TO OMR 40 MILLION Source:(bit.ly/2p1nqZe) Further company coverage:

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