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Oman's Bank Muscat picks banks for potential bond - lead
March 7, 2013 / 11:54 AM / 5 years ago

Oman's Bank Muscat picks banks for potential bond - lead

DUBAI, March 7 (Reuters) - Bank Muscat, Oman’s largest lender, has picked six banks to arrange meetings with fixed income investors ahead of a potential benchmark-sized bond issue, a lead manager said on Thursday.

The lender has chosen Citigroup, Credit Agricole , Deutsche Bank, HSBC, National Bank of Abu Dhabi and Standard Chartered for the roadshows, which will take place between March 12-18. They will take place in Europe, Asia and the Middle East.

A potential dollar-denominated bond could follow the meetings, subject to market conditions.

Benchmark-size is traditionally understood to mean $500 million or more. (Reporting by David French; Editing by Amran Abocar)

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