Title :

Issuance of Additional Tier 1 Capital Securities

Content :

Issuance of Additional Tier 1 Capital Securities

 

Further to the resolution of the shareholders of Oman Arab Bank S.A.O.G (the “Bank”) at the Extraordinary General Meeting (“EGM”) held on 26 March 2025 authorising the issuance of Additional Tier 1 Capital Securities, the Bank announces that it has mandated a number of financial institutions to act as Joint Global Coordinators, Joint Lead Managers and Joint Bookrunners to arrange a series of investor calls commencing 18 May 2026.

 

A fixed rate resettable USD Additional Tier 1 perpetual non-call 5.5-year bond will follow. The offering will be conducted under Regulation S in benchmark size, subject to prevailing market conditions. The proposed issuance will be listed on the London Stock Exchange’s International Securities Market (“ISM”).

 

The Bank will provide further updates in due course.

 

 

 

 

Yours sincerely,