Muscat: CMA approves ahli bank’s allotment of bonds worth RO 54 million
In a disclosure to Muscat Stock Exchange the company said: “Further to the announcement published on 20 December 2023 regarding the issuance of Subordinated Perpetual Additional Tier | Capital Instruments (“Bonds”) of Ahli Bank S.A.0.G. (“Bank”), the Bank is pleased to announce the successful completion of the Bonds on a private placement basis. The Bank has received approval from the Capital Market Authority for the allotment of the Bonds, aggregating to value of RO 54 million to the subscribers in accordance with the terms and conditions for the allotment as set out in the prospectus.
Furthermore, the Bonds will be listed on the Muscat Stock Exchange shortly after the allotment process is completed.
The Bank would like to thank all its investors for their trust & confidence and thank the regulators for their continued guidance.”
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