Dentons advises National Bank of Oman on US$500 million bond issue and update of its EMTN programme
Muscat—Dentons has advised the National Bank of Oman SAOG ("NBO"), one of the largest banks in the Sultanate of Oman, in relation to the update of its US$1.5 billion Euro Medium Term Note programme (the "Programme"), the upsize of the Programme from US$600 million to US$1.5 billion, and the issue of US$500 million 5.625% notes due 25 September 2023 with strong local and international support. The Programme and issue are rated (Baa3, Moody's) and listed on Euronext Dublin (formerly, the Irish Stock Exchange).