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Oman prices $1bln seven-year sukuk at 4.525%

Oman’s $1 billion USD Reg S seven-year long fixed rate sukuk has been priced at 4.525%, representing a spread of 60 basis points over the US Treasuries. The initial price thoughts (IPTs) were in the area of +95bps over US Treasuries. The issuance, structured as Sukuk Al-Ijara, was launched under…

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