Government of the Sultanate of Oman’s $6.5 billion Notes offering

Linklaters advised on the establishment of a Global Medium Term Note Programme for the Government of the Sultanate of Oman, and on the issuance of three series of bonds under it with an aggregate issuance size of $6.5bn.

It was the Sultanate’s largest ever foray into the international debt capital markets. Oman sold a $1.25bn bond with a five-year tenor, a $2.5bn bond with a 10-year tenor and a $2.75bn bond with a 30-year tenor.

The Linklaters team was led by Capital Markets partner Jonathan Fried (picture) and, on the US law aspects, partner Cecil Quillen. Managing associates Dalia Nammari and Scott James and associate Nicola Minervini also advised on the deal.

 

Involved fees earner: Jonathan Fried – Linklaters; Cecil Quillen – Linklaters; Dalia Nammari – Linklaters; Scott James – Linklaters; Nicola Minervini – Linklaters;

Law Firms: Linklaters;

Clients: Government of the Sultanate of Oman;