Bank Muscat successfully closed a 5 year, USD 500 million bond issuance under its Euro Medium Term Note (EMTN) programme with regional and international investors. The deal carries a coupon of 3.75%. The bonds will be listed on the Irish Stock Exchange and is under English law. The bank attracted orders of over USD1.2 billion, including interest from joint lead managers, an earlier document showed. (Company disclosure, Reuters)
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