July 25, 2019 / 7:47 AM / 2 months ago

Oman starts marketing dual-tranche dollar bonds

DUBAI, July 25 (Reuters) - Oman plans to issue U.S. dollar denominated bonds on Thursday, the Sultanate’s first international debt sale this year, a document issued by one of the banks leading the deal showed.

It is marketing bonds with a maturity of 5-1/2 years and a yield of around 5.375%, and 10-year bonds with a yield of around 6.375%, according to the document.

Citi, JPMorgan and Standard Chartered have been hired to coordinate the deal. (Reporting by Davide Barbuscia; Editing by Catherine Evans)

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