Loan talks follow closely from issuing of bonds as country shores up its finances
Oman is considering raising a loan of as much as $2 billion, two people familiar with the plans said, just weeks after the Middle East’s biggest nonOPEC producer sold $6.5 billion of bonds.
The government is in talks with international banks about pricing for the loan, the people said, asking not to be identified because the talks are private. Discussions are preliminary and may not result in a deal, they said. Repeated calls to Oman’s Ministry of Finance weren’t answered.
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