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BRIEF-Bank Muscat says sukuk issue under Meethaq Sukuk Programme to commence on May 21
May 16, 2017 / 3:58 AM / 4 months ago

BRIEF-Bank Muscat says sukuk issue under Meethaq Sukuk Programme to commence on May 21

May 16 (Reuters) - Bank Muscat: •Says all regulatory approvals are now in place for the Meethaq Sukuk Programme •Debut issuance under the sukuk program i.e. Series 1 will commence on 21 May 2017 and close on 1 June 2017 •Series 1 will be for OMR 25 million with a green shoe option of a further OMR 25 million, in case of oversubscription •Series 1 will have a tenor of 5 years and will be issued through a public offer which will be open to all Omani and Non-Omani individuals as well as institutional investors Source: (bit.ly/2raB9iw) Further company coverage:

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