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الوطن
Oman Energy Opens Sukuk
Oman Energy Company has opened institutional subscriptions for the first tranche of its second Omani rial sukuk issuance, with an initial size of OMR 50 million and an option to increase it by OMR 25 million. Orders will be accepted through November 12. The sukuk offer a fixed annual return of 5%, paid quarterly, over a five-year term. The cut-off yield for the second tranche will be announced on November 16, with subscriptions open from November 18 to 30. The sukuk are scheduled to be listed on the Muscat Stock Exchange on December 10 or around that date.
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