Muscat: National Bank of Oman's (NBO) board on Monday approved an increase in its
euro-medium term note (EMTN) issue size to $1.5 billion, from its presently established size of $600 million.
The bank placed the debt at a spread of 118 basis points over mid-swaps as part of its
euro-medium term note programme, with Bank of America Merrill Lynch, Pohjola Capital Markets, Royal Bank of Scotland (LON:RBS) and Societe Generale CIB acting as the issue's lead managers.
'The National Bank of Abu Dhabi has completed the annual update of its existing USD5bn
Euro-medium term note programme.
The instrument is being offered at a spread of 220 basis points over mid-swaps under Eni's
euro-medium term note programme.