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OQ announces inaugural bond issuance in international capital markets
By: Times News Service
Muscat: In efforts to diversify funding sources, OQ recently announced its inaugural bond issuance in the international debt capital markets. This is a further step towards enhancing OQ’s presence in the international markets and amongst its investors.
On this occasion, Talal Al Awfi, OQ’s Group Chief Executive Officer said “The execution of the bond is a great success for both OQ and Oman. It comes in line with the best global investment practices and aims to meet OQ’s funding requirements. It also emphasises OQ’s presence as a global energy player and the trust we have amongst the global investors.”
OQ executes inaugural $750m bond issuance Published: 10:57 PM, Apr 30, 2021
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BUSINESS REPORTER - MUSCAT, april 30 - In efforts to diversify funding sources, OQ the Sultanate’s integrated global energy group has announced its inaugural bond issuance in the international debt capital markets. This is a further step towards enhancing OQ’s presence in the international markets and amongst its investors.
On this occasion, Talal al Awfi, OQ’s Group Chief Executive Officer said: “The execution of the bond is a great success for both OQ and Oman. It comes in line with the best global investment practices and aims to meet OQ’s funding requirements. It also emphasises OQ’s presence as a global energy player and the trust we have amongst the global investors.”