Oman’s US$1.75 Billion Sukuk Offering

Dechert LLP has advised the Government of the Sultanate of Oman (acting through the Ministry of Finance) and Oman Sovereign Sukuk SAOC on the offering.

Oman executed the issuance of US$1.75 billion Trust Certificates due 2030, as well as on the update of its Trust Certificate Programme. The transaction closed on 15 June 2021.

The core Dechert team advising Oman included partners Patrick Lyons (Picture) and Jennifer Rees, with support from associates Nick Quarrie and Kerenza Kerslake.

Involved fees earner: Kerenza Kerslake – Dechert; Patrick Lyons – Dechert; Nick Quarrie – Dechert; Jennifer Rees – Dechert;

Law Firms: Dechert;

Clients: Government of the Sultanate of Oman;

Author: Federica Tiefenthaler