Muscat: Bank Muscat, Oman's largest bank, has picked six banks to arrange meetings with fixed income investors ahead of a potential benchmark-sized bond issue, said a lead manager.
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 and 18, said an agency report.
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.