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    • Oman Arab Bank Lists $400 Million Bond Issue on London Stock Exchange

    By on June 2, 2026
    Oman Arab Bank
    Oman Arab Bank

    Oman Arab Bank Lists USD 400 Million Bonds on London Stock Exchange (LSE)

    Muscat:  Oman Arab Bank (OAB) announced today the successful listing of its Additional Tier 1 capital bonds valued at USD 400 million on the London Stock Exchange.

    The bank stated that the bonds were structured as perpetual non-callable instruments for a period of 5.5 years and carry a fixed reset yield of 6.75 percent.

    OAB noted that the issuance attracted strong demand from regional and international investors, with the order book exceeding USD 1.1 billion, representing oversubscription of approximately 2.75 times the target issuance size.

    Sulaiman bin Hamad Al Harthy, Chief Executive Officer of Oman Arab Bank, said that the issuance achieved successful pricing at a yield of 6.75 percent, around 50 basis points lower than the initial indicative pricing range.

    He added that the strong investor response reflects confidence in the bank’s credit fundamentals, financial resilience and strategic direction, as well as confidence in the strength of the Omani economy.

    Al Harthy noted that the listing on the London Stock Exchange enhances the bank’s presence in international capital markets and supports access to diversified funding sources while maintaining prudent capital management practices.

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