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Islamic Finance Briefing - Categorized | Banking, Bonds (Sukuk), Compliance, Tax, Legal, Regulatory more

Oman’s Ahlibank gets approval for bond issue

Posted on 07 December 2010

From Ameinfo.com: Oman’s Ahlibank has said that shareholders have approved plans to issue 35 million nonconvertible, unsecured, subordinated bonds, Times of Oman has reported. The tenor of the bonds is seven years with a call option for the bank to redeem at the end of five years from the issue date.
The bonds will be listed and traded in the Muscat Securities Market, the lender said……………………………………….Full Article: Source

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